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FL H1027
Bill
Status
Failed
6/16/2025
Primary Sponsor
David Borrero
Click for details
AI Summary
- Creates s. 193.6245, F.S., freezing the assessed value of homestead property for "senior citizen homesteaders" — persons age 65 or older who hold a homestead exemption — at the assessed value as of the January 1 immediately preceding the date they turned 65, provided their adjusted gross income meets the income limitation in s. 196.075(3).
- Requires the senior citizen homesteader to be the applicant (or, for co-applicants, the first person listed) on the homestead exemption application under s. 196.031.
- Authorizes property appraisers who discover that the assessment limitation was improperly granted within the previous 10 years to serve a notice of intent to record a tax lien against property owned by that person in the county.
- Requires reassessment under s. 196.031(1) for any tax year in which the senior citizen homesteader no longer meets the income limitation, provided the property has not changed ownership.
- Takes effect only upon voter approval of the constitutional amendment proposed by HJR 1025 (or a substantially similar joint resolution) at the next general election or an earlier authorized special election.
Legislative Description
Homestead Assessment Limitation
Last Action
Died in Ways & Means Committee
6/16/2025
Committee Referrals
Ways and Means Committee3/2/2025
Full Bill Text
No bill text available