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FL S1684

Bill

Status

Failed

3/8/2024

Primary Sponsor

Finance and Tax

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Creates a new ad valorem tax exemption of up to $10,000 on homestead property for honorably discharged veterans who received specific military medals, including the Purple Heart, Medal of Honor, Navy Cross, Air Force Cross, Distinguished Service Cross, Silver Star, Distinguished Flying Cross, Bronze Star with Combat V, and others

  • Surviving spouses may retain the exemption as long as they hold title to the homestead, permanently reside there, and do not remarry; if the spouse sells the property, the exemption may transfer to a new primary residence up to the most recent dollar amount granted

  • Applicants must submit official U.S. government documentation (such as DD-214, DD-215, permanent orders, or award certificate) and a copy of the veteran's honorable discharge to the county property appraiser by March 1

  • Applicants who miss the March 1 deadline may still file and petition the value adjustment board for the exemption; denied applicants must receive written notice with reasons by July 1 and may reapply in subsequent years

  • Takes effect contingent upon voter approval of a related amendment to the State Constitution proposed by SJR 1686 at the next general election or an authorized special election

Legislative Description

Ad Valorem Tax Exemption for Veteran Recipients of Certain Medals

Last Action

Died in Appropriations

3/8/2024

Committee Referrals

Appropriations2/19/2024
Finance and Tax1/31/2024

Full Bill Text

No bill text available