Bill > S1184

This bill amends Florida Statute 193.155, which deals with homestead property assessments, to align with the State Constitution. Specifically, it modifies provisions related to transferring homestead assessment limitations when a person establishes a new homestead after having received a homestead exemption in the preceding three years. The changes remove the word "immediate" when referring to a prior homestead, clarifying that the assessment limitation transfer calculation is based on the previous homestead's value at the time it was abandoned, regardless of how recently it was owned. This aims to ensure a smoother and more consistent application of homestead assessment limitations for homeowners who move within the state. The bill is set to take effect on July 1, 2026.

https://www.flsenate.gov/Session/Bill/2026/1184