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FL H0689
Bill
Status
Introduced
12/1/2023
Primary Sponsor
David Smith
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AI Summary
- Amends s. 196.1975, F.S., to expand the types of entities eligible for ad valorem tax exemption for nonprofit homes for the aged to include Florida limited partnerships whose sole general partner is an entity not licensed under chapter 429 (assisted living facilities) and wholly owned by a corporation not for profit under chapter 617
- Previously, eligible applicants were limited to corporations not for profit or Florida limited partnerships whose sole general partner was itself a corporation not for profit
- The nonprofit corporation must have qualified as a tax-exempt charitable organization under s. 501(c)(3) of the Internal Revenue Code as of January 1 of the year for which the property tax exemption is requested
- Amendments first apply to the 2025 ad valorem tax roll
- Effective date is January 1, 2025
Legislative Description
Ad Valorem Tax Exemption for Nonprofit Homes for the Aged
Last Action
Died on Second Reading Calendar
3/8/2024
Committee Referrals
State Affairs1/19/2024
Local Administration, Federal Affairs & Special Districts Subcommittee1/8/2024
Ways and Means Committee12/19/2023
Full Bill Text
No bill text available