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FL H0283

Bill

Official Source

Status

Failed

3/14/2022

Primary Sponsor

Nicholas Duran

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Exempts homestead properties from reassessment at just value when transferred to a child or grandchild of a deceased owner, provided the recipient qualifies for homestead exemption
  • Requires the child or grandchild to establish the property as their permanent residence in good faith by March 1 of the year following the transfer
  • Limits this exemption to properties with a just value of less than $1 million as of January 1 immediately preceding the transfer
  • Adds a new exception to the change of ownership definition by amending Florida Statutes Section 193.155(3)(a)
  • Takes effect July 1, 2022

Legislative Description

Homestead Assessments Following a Change in Ownership

Last Action

Died in Local Administration & Veterans Affairs Subcommittee

3/14/2022

Committee Referrals

Local Administration and Veterans Affairs Subcommittee10/22/2021

Full Bill Text

No bill text available