Loading chat...
FL S0974
Bill
AI Summary
-
Requires all online real property listing platforms to include an ad valorem tax estimator tool on residential property listings that calculates taxes based on the listing price at current millage rates.
-
Estimator must be labeled as a "property tax estimate" and include disclaimers that estimated taxes assume the listing price as taxable value on January 1 and do not include non-ad valorem assessments, exemptions, discounts, or homestead benefits.
-
Requires property appraisers to annually provide the Department of Revenue with county name, tax district code, school millage rates, and applicable taxing authority millage rates.
-
Department of Revenue must publish the appraiser information and tax calculation formulas by December 15 each year, with and without homestead exemptions.
-
Online listing platforms must use the Department of Revenue's data and formulas with listing price as the basis for tax estimates and provide a link to the county property appraiser's website for detailed property tax estimates.
Legislative Description
Disclosures of Ad Valorem Taxes
Last Action
Died in Finance and Tax
5/5/2023