FL H0793

Proposes a constitutional amendment to Article VII, Section 4 of the Florida State Constitution allowing the Legislature to provide that inherited homestead property transfers are not considered a change of ownership for property tax assessment purposes

Currently, homestead properties are reassessed at just value (market value) upon change of ownership; this amendment would allow heirs to retain the existing capped assessment rather than face reassessment to current market value

Requires voter approval at the next general election or an earlier special election specifically authorized by law

Effective date of January 1, 2027 if approved by voters

Authorizes but does not require the Legislature to pass implementing general law to define specific conditions and limitations for the inheritance exemption