FL H1131

Amends Section 196.1975, Florida Statutes, to expand eligibility for ad valorem property tax exemptions for nonprofit homes for the aged

Allows Florida limited partnerships to qualify for the exemption if the sole general partner is wholly owned by a corporation not for profit under chapter 617 and is not licensed under chapter 429

Requires the nonprofit corporation to have 501(c)(3) federal tax-exempt status as of January 1 of the year for which the property tax exemption is requested

Amendments first apply to the 2027 ad valorem tax roll

Effective date: January 1, 2027