Bill > S0450

This bill amends Florida Statute 196.081 to revise the limitation on the amount of an ad valorem tax exemption, which is a property tax exemption, that a surviving spouse of a disabled veteran or a first responder who died in the line of duty can transfer to a new primary residence. Previously, the exemption could be transferred up to the amount granted on the most recent tax roll, but this bill increases that amount to 120 percent of the previous exemption, allowing surviving spouses to potentially carry over a larger portion of the tax relief to a new home. This change is intended to provide greater financial flexibility for these surviving spouses when relocating and will take effect on July 1, 2026.

Budget and Finance

Finance and Tax (Senate)

https://www.flsenate.gov/Session/Bill/2026/450