Bill > H0071

This bill establishes the Homestead Property Tax Relief Program within the Department of Financial Services to provide annual financial relief to certain homestead property owners. An "eligible homesteader" is defined as a person who receives a homestead exemption on property valued between $100,000 and $450,000, owned on or before September 30, 2024. From 2026 to 2030, the Chief Financial Officer will issue a $1,000 warrant (a type of payment document) each September 30 to qualifying homeowners. The Chief Financial Officer must collaborate with county property appraisers to identify eligible homesteaders, and the Department of Financial Services is required to develop administrative rules for the program. The program is set to automatically expire on January 1, 2031, and will take effect on July 1, 2026. This legislation aims to provide targeted financial relief to middle-range homeowners by offering a direct annual payment to help offset property tax burdens.

https://www.flsenate.gov/Session/Bill/2026/71