Bill > S0652

This bill amends Section 193.155 of the Florida Statutes, which deals with the assessment of homestead properties. The key provisions are: 1. Properties receiving a homestead exemption after January 1, 1994 shall be assessed under the provisions of Sections 193.1554 or 193.1555, rather than at just value. 2. Changes, additions, or improvements to homestead properties that replace damaged or destroyed portions shall be assessed based on the property's pre-damage assessed value, subject to certain size and square footage limitations. 3. The bill provides a contingent effective date, which is tied to the approval of a related constitutional amendment at the next general or special election. Overall, the bill aims to revise the manner in which homestead properties are assessed in Florida, with a focus on how changes or improvements to damaged properties are handled.

https://www.flsenate.gov/Session/Bill/2024/652