FL S0816

Allows a surviving spouse of a deceased disabled veteran to continue receiving the homestead property tax discount if the spouse holds legal or beneficial title and permanently resides on the property as defined in section 196.031.

Permits the surviving spouse to transfer the discount to a new residence upon sale of the original property, provided the discount amount does not exceed the dollar amount from the most recent ad valorem tax roll.

Terminates the discount transfer if the surviving spouse remarries or sells or disposes of the property without transferring the discount to a new residence.

Requires the surviving spouse to use the new residence as a permanent residence to qualify for the transferred discount.

Takes effect January 1, 2017, contingent upon approval of SJR 778 or a similar joint resolution by voters at the November 2016 general election.