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FL S1686

Joint Resolution

Status

Failed

3/8/2024

Primary Sponsor

Finance and Tax

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Proposes a Florida constitutional amendment to grant up to a $10,000 ad valorem (property tax) homestead exemption to honorably discharged veterans who have received specified combat medals
  • Qualifying medals include the Purple Heart, Medal of Honor, Navy Cross, Air Force Cross, Distinguished Service Cross, Distinguished Service Medal with Combat V, Silver Star, Legion of Merit with Combat V, Distinguished Flying Cross, and Bronze Star with Combat V
  • Applicants must submit official U.S. government documentation of medal receipt and proof of honorable discharge to the county property appraiser by March 1; the Legislature may waive the annual application requirement in subsequent years
  • If a qualifying veteran predeceases their spouse, the exemption carries over to the surviving spouse as long as they hold title to and permanently reside on the homestead property and do not remarry; the exemption may transfer to a new homestead if the surviving spouse relocates
  • The amendment would be submitted to Florida voters at the next general election and, if approved, would take effect January 1, 2025

Legislative Description

Ad Valorem Tax

Last Action

Died in Appropriations

3/8/2024

Committee Referrals

Appropriations2/19/2024
Finance and Tax1/29/2024

Full Bill Text

No bill text available