Bill

Bill > H1039


FL H1039

FL H1039
Limitation on the Assessment of Homestead Property


summary

Introduced
02/25/2025
In Committee
03/02/2025
Crossed Over
Passed
Dead
06/16/2025

Introduced Session

2025 Regular Session

Bill Summary

A joint resolution proposing an amendment to Section 4 of Article VII and the creation of a new section in Article XII of the State Constitution to authorize the Legislature, by general law, to prohibit the consideration of any change or improvement made to homestead property to mitigate flood damage in determining the assessed value of such property for ad valorem taxation purposes and to provide an effective date.

AI Summary

This joint resolution proposes a constitutional amendment that would allow the Florida Legislature to create a law preventing flood mitigation improvements to homestead (primary residential) property from increasing the property's assessed value for tax purposes. Specifically, the amendment would authorize the legislature to prohibit considering any changes or improvements made to a homestead property that are designed to reduce flood risk when determining the property's value for ad valorem (property) taxation. This means homeowners could make flood-resistant upgrades like raising their home's foundation, installing flood barriers, or improving drainage without triggering a higher property tax assessment. The proposed amendment would take effect on January 1, 2027, and is intended to encourage homeowners to invest in flood mitigation measures without fear of financial penalty through increased property taxes. The amendment would be submitted to Florida voters for approval at the next general election or a specially authorized election.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (3)

Last Action

Died on Second Reading Calendar (on 06/16/2025)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://www.flsenate.gov/Session/Bill/2025/1039
Analysis - State Affairs Committee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2025/1039/Analyses/h1039f.SAC.PDF
Analysis - State Affairs Committee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2025/1039/Analyses/h1039e.SAC.PDF
Analysis - Intergovernmental Affairs Subcommittee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2025/1039/Analyses/h1039d.IAS.PDF
Analysis - Intergovernmental Affairs Subcommittee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2025/1039/Analyses/h1039c.IAS.PDF
Analysis - Ways & Means Committee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2025/1039/Analyses/h1039b.WMC.PDF
Analysis - Ways & Means Committee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2025/1039/Analyses/h1039a.WMC.PDF
BillText https://www.flsenate.gov/Session/Bill/2025/1039/BillText/Filed/PDF
Loading...