No. HB 149
Filed under Taxes & Budget.
Maximum Millage Rates for the 2027-2028 Fiscal Year; Provides method for determining the maximum county & school millage rates for fiscal year 2027-2028; provides for future repeal.
Plain English Summary
AI-GENERATEDThe bill caps the maximum county and school property tax rates for the 2027-2028 fiscal year. The cap is set at the rate that generates the same revenue as the 2022-2023 fiscal year.
This limit applies to all county and school taxing authorities in Florida. It overrides any other law that might allow a higher rate for that specific fiscal year.
The restriction is temporary. The section repeals itself on January 1, 2029, meaning normal tax rate rules resume for the 2029-2030 fiscal year and beyond.
AICaps the maximum county millage rate for the 2027-2028 fiscal year at the level that generates the same ad valorem tax revenue as the 2022-2023 fiscal year.
AICaps the maximum school millage rate for the 2027-2028 fiscal year at the level that generates the same ad valorem tax revenue as the 2022-2023 fiscal year.
AIRepeals the maximum millage rate provisions on January 1, 2029, restoring prior statutory limits.