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FL H1097
Bill
Status
Failed
5/5/2023
Primary Sponsor
Adam Anderson
Click for details
AI Summary
- Real property listing platforms (websites, apps, or similar technology displaying residential properties for sale) must include a "buyer's property tax estimate" showing estimated ad valorem taxes based on the asking price, calculated both with and without the homestead exemption, along with a disclaimer that the estimate excludes other tax benefits and non-ad valorem assessments
- Each listing must also include a link to the website of the county property appraiser where the residential property is located
- The Department of Revenue must develop a standardized formula for platforms to use in calculating the buyer's property tax estimate, and must publish this formula and supporting data on its website by December 15 of each year
- Each county property appraiser must annually provide the Department of Revenue with data needed to calculate estimates, including county name, tax district code, school millage rate, and summary millage rates for all other taxing authorities
- A listing platform that uses the Department of Revenue's published formula and information has an affirmative defense against claims of violating the tax estimate disclosure requirement; effective date is July 1, 2023
Legislative Description
Disclosure of Estimated Property Taxes
Last Action
Died in Ways & Means Committee
5/5/2023
Committee Referrals
Ways and Means Committee2/28/2023
Full Bill Text
No bill text available