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Bill > H1375


FL H1375

FL H1375
Ad Valorem Taxation


summary

Introduced
01/08/2018
In Committee
01/12/2018
Crossed Over
Passed
Dead
03/10/2018

Introduced Session

2018 Regular Session

Bill Summary

Authorizes certain property damaged or destroyed Hurricane Irma to receive abatement of certain property taxes; specifies procedures to use in applying for abatement of taxes; provides property appraiser & tax collector duties relative to investigating statements & determining amount of disaster relief credit; requires tax collector to reduce taxes in specified manner; provides retroactive applicability & expiration date.

AI Summary

This bill, known as the "Hurricane Irma Tax Relief Act," authorizes the abatement of certain property taxes for residential parcels damaged or destroyed by Hurricane Irma. The bill outlines the application process, including deadlines and requirements, for property owners to receive a "disaster relief credit" that reduces their 2019 property taxes. The credit is calculated based on the reduction in the parcel's just value and the number of months the property was uninhabitable. The tax collector is responsible for applying the credit and notifying the Department of Revenue and affected local governments of the total tax reductions. The bill applies retroactively to January 1, 2017, and expires on January 1, 2021.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Died in Ways and Means Committee (on 03/10/2018)

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