FL H0071

Creates the Homestead Property Tax Relief Program within the Department of Financial Services to distribute annual payments to eligible homestead property owners

Eligible homesteaders must have owned property on or before September 30, 2024, with a current taxable value between $100,000 and $450,000, and receive a homestead exemption under s. 196.031

Chief Financial Officer will issue $1,000 warrants annually to each eligible homesteader on September 30, beginning in 2026 and ending in 2030

Chief Financial Officer must coordinate with county property appraisers to identify all eligible homesteaders

Program automatically repeals on January 1, 2031; effective date is July 1, 2026