Loading chat...
FL H0787
Bill
Status
Failed
6/16/2025
Primary Sponsor
Ryan Chamberlin
Click for details
AI Summary
- Amends s. 200.065, F.S., to change the rolled-back rate calculation so that it is inclusive of new construction, additions, deletions, and other property value changes, rather than exclusive of them as under current law
- Caps the maximum millage rate that counties, municipalities, special districts, municipal service taxing units, and independent special districts may levy at 102 percent of the rolled-back rate
- Prohibits taxing authorities from adopting a higher millage rate, eliminating the existing provisions that allowed rates up to 110% with a two-thirds vote or above 110% with a unanimous vote or referendum
- Removes the existing flexibility that allowed individual millage rates to exceed the maximum as long as total county or municipal ad valorem taxes stayed within limits
- Requires any ad valorem revenues collected in excess of 102 percent of the rolled-back rate to be returned to taxpayers on a prorated basis or used to pay down debt
- Effective date is July 1, 2025
Legislative Description
Revenues from Ad Valorem Taxes
Last Action
Died in Ways & Means Committee
6/16/2025
Committee Referrals
Ways and Means Committee2/26/2025
Full Bill Text
No bill text available