FL H0389

Creates section 196.203, Florida Statutes, establishing a 25 percent ad valorem tax exemption for mobile home lots located within mobile home parks where the rental agreement allows park owners to pass taxes to mobile home renters.

Requires mobile home lot rental agreements to contain provisions allowing the mobile home park owner to pass ad valorem property taxes to the mobile home owner as authorized by section 723.031(5).

Directs property appraisers to determine exemption amounts for each qualifying mobile home lot and annually reduce the taxable value of the mobile home park by the total of qualified exemptions.

Requires mobile home owners to file exemption applications on or before March 1 of each year, declaring the property as their permanent residence, with the Department of Revenue providing forms and establishing content requirements by rule.

Becomes effective January 1, 2015, and applies to tax years beginning on or after January 1, 2015.