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Bill > H1257


FL H1257

Property Tax Benefits for Residential Properties


summary

Introduced
02/26/2025
In Committee
04/25/2025
Crossed Over
04/25/2025
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

A joint resolution proposing amendments to Sections 3, 4, and 6 of Article VII and the creation of a new section in Article XII of the State Constitution to authorize the Legislature to provide two $25,000 exemptions and an assessment limitation to certain real property subject to a long-term lease, to provide an additional homestead exemption for owners of homestead property who have not owned homestead property for a specified time before purchase of the current homestead property, and to provide an effective date.

Committee Categories

Budget and Finance, Business and Industry, Housing and Urban Affairs

Sponsors (1)

Other Sponsors (2)

Commerce Committee (H), Ways & Means Committee (H)

Last Action

Indefinitely postponed and withdrawn from consideration (on 05/03/2025)

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