FL H0159

Exempts documentary stamp taxes on real property deeds, transfers, or conveyances from nonprofit organizations to disabled servicemembers and veterans who sustained permanent, service-connected disabilities after September 11, 2001

Requires the nonprofit organization transferring the property to have been a charitable entity under Section 501(c)(3) of the Internal Revenue Code for at least 5 years before the date of the deed

Limits the exemption to organizations that primarily build dwellings for servicemembers and veterans with permanent, service-connected disabilities

Requires the property to be transferred mortgage-free and intended for use as the servicemember or veteran's permanent residence

Takes effect July 1, 2016