FL S0450

Increases the transferable ad valorem tax exemption for surviving spouses of disabled veterans from 100% to 120% of the amount granted from the most recent tax roll when moving to a new primary residence

Applies the same 120% transfer limit to surviving spouses of veterans who died from service-connected causes while on active duty

Extends the 120% transfer provision to surviving spouses of first responders who died in the line of duty

Surviving spouses must use the new residence as their primary home and remain unmarried to retain the transferred exemption

Effective date is July 1, 2026