summary
Introduced
02/25/2025
02/25/2025
In Committee
02/28/2025
02/28/2025
Crossed Over
Passed
Dead
06/16/2025
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 from increasing the assessed value of homestead (primary residential) property for tax purposes. Specifically, the resolution would add a provision to Section 4 of Article VII that prohibits property tax assessors from considering changes or improvements made to a homestead property specifically aimed at reducing flood risk when determining the property's taxable value. The amendment is designed to encourage homeowners to make flood-resistant improvements without fear of a subsequent property tax increase. The proposed change would take effect on January 1, 2027, and would require voter approval through a ballot measure. The term "ad valorem taxation" refers to property taxes calculated based on the property's assessed value, and the resolution aims to provide a financial incentive for homeowners to invest in flood mitigation by ensuring such improvements do not trigger higher tax assessments.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Died on Calendar (on 06/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2025/174 |
| Analysis - Appropriations (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2025/174/Analyses/2025s00174.ap.PDF |
| Analysis - Appropriations (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2025/174/Analyses/2025s00174.pre.ap.PDF |
| Analysis - Finance and Tax (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2025/174/Analyses/2025s00174.ft.PDF |
| Analysis - Finance and Tax (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2025/174/Analyses/2025s00174.pre.ft.PDF |
| Analysis - Community Affairs (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2025/174/Analyses/2025s00174.ca.PDF |
| Analysis - Community Affairs (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2025/174/Analyses/2025s00174.pre.ca.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2025/174/BillText/Filed/HTML |
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