Loading chat...

FL H1411

Joint Resolution

Official Source

Status

Introduced

1/9/2026

Primary Sponsor

Christine Hunschofsky

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Proposes an amendment to the Florida State Constitution (Article VII, Section 4) to prohibit any increase in the assessed value of property when the property's just (market) value has decreased from the preceding January 1
  • Applies to homestead properties subject to the existing 3% annual assessment increase cap and to nonhomestead residential and commercial properties subject to the existing 10% annual assessment increase cap
  • Excludes assessments resulting from changes, additions, reductions, or improvements to the property, which would continue to be assessed as provided by general law
  • Requires approval by Florida voters at the next general election or an earlier special election specifically authorized by law
  • Scheduled to take effect January 1, 2027, if approved by the electorate

Legislative Description

Assessment of Property with Decreasing Just Valuation

Last Action

Now in Ways & Means Committee

1/15/2026

Committee Referrals

Ways and Means Committee1/15/2026

Full Bill Text

No bill text available