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Bill > S0110


FL S0110

FL S0110
Homestead Exemptions


summary

Introduced
10/07/2025
In Committee
10/13/2025
Crossed Over
02/19/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An act relating to homestead exemptions; amending s. 196.041, F.S.; revising the circumstances under which a person may be deemed to have legal or beneficial and equitable title to certain property for homestead exemption purposes; providing construction; providing an effective date.

AI Summary

This bill amends Florida Statute 196.041 to clarify who is considered to have legal or beneficial and equitable title to property for the purpose of receiving homestead exemptions, which are tax breaks on a primary residence. Specifically, it revises the conditions under which individuals holding long-term leases, even those that might terminate upon the lessee's death, can qualify for these exemptions, ensuring that certain leaseholders are recognized as having sufficient ownership interest to benefit from homestead tax relief. The bill also states that this amendment is remedial and clarifying, meaning it's intended to fix or clarify existing law rather than introduce new concepts, and it takes effect immediately upon becoming law.

Committee Categories

Budget and Finance

Sponsors (2)

Other Sponsors (1)

Finance and Tax (Senate)

Last Action

In Messages (on 02/19/2026)

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