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FL S1004

FL S1004
Tax Exemptions for Disabled Ex-servicemembers


summary

Introduced
12/19/2023
In Committee
01/04/2024
Crossed Over
Passed
Dead
03/08/2024

Introduced Session

2024 Regular Session

Bill Summary

An act relating to tax exemptions for disabled ex servicemembers; amending s. 196.24, F.S.; revising the amount of a certain exemption related to disabled ex servicemembers; providing applicability; providing an effective date.

AI Summary

This bill amends Florida Statute 196.24 to increase the property tax exemption for disabled ex-servicemembers from $5,000 to $10,000. The bill also specifies that the amendment applies starting with the 2025 ad valorem (property) tax roll and takes effect on July 1, 2024. The tax exemption is available to ex-servicemembers who were discharged under honorable conditions, are Florida residents, and have a disability of at least 10% related to their military service. The unremarried surviving spouse of a disabled ex-servicemember is also eligible for the exemption.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Died in Appropriations (on 03/08/2024)

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