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THE BILL ITSELF

HB 215

Ad Valorem Taxation

VERSION H 215 Filed · BACK TO THE SUMMARY · OFFICIAL RECORD

underlined language is being added; struck language is being deleted. Line numbers are the Legislature's own — the same ones amendments cite.

1 A bill to be entitled
2 An act relating to ad valorem taxation; amending s.
3 193.155, F.S.; revising the Save-Our-Homes portability
4 benefits available to married persons establishing a
5 joint homestead; amending s. 200.065, F.S.;
6 prohibiting an increase in the prior year’s adopted
7 millage rate from going into effect unless approved by
8 a specified vote; authorizing the Department of
9 Revenue to adopt emergency rules; providing for future
10 expiration; providing application; providing effective
11 dates.
13 Be It Enacted by the Legislature of the State of Florida: Section 1. Paragraph (c) of subsection (8) of section
16 193.155, Florida Statutes, is amended to read:
17 193.155 Homestead assessments.—Homestead property shall be
18 assessed at just value as of January 1, 1994. Property receiving
19 the homestead exemption after January 1, 1994, shall be assessed
20 at just value as of January 1 of the year in which the property
21 receives the exemption unless the provisions of subsection (8)
22 apply.
23 (8) Property assessed under this section shall be assessed
24 at less than just value when the person who establishes a new
25 homestead has received a homestead exemption as of January 1 of
26 any of the 3 immediately preceding years. For purposes of this
27 subsection, a husband and wife who owned and both permanently
28 resided on a previous homestead shall each be considered to have
29 received the homestead exemption even though only the husband or
30 the wife applied for the homestead exemption on the previous
31 homestead. The assessed value of the newly established homestead
32 shall be determined as provided in this subsection.
33 (c)1. Except as provided in subparagraph 2., if two or
34 more persons who have each received a homestead exemption as of
35 January 1 of any of the 3 immediately preceding years and who
36 would otherwise be eligible to have a new homestead property
37 assessed under this subsection establish a single new homestead,
38 the reduction from just value is limited to the higher of the
39 difference between the just value and the assessed value of
40 either of the prior eligible homesteads as of January 1 of the
41 year in which either of the eligible prior homesteads was
42 abandoned, but may not exceed $500,000.
43 2. If a married couple establishes a single new homestead
44 under this subsection and each spouse, before the marriage,
45 received a separate homestead exemption as of January 1 of any
46 of the 3 immediately preceding years, the reduction from just
47 value is equal to the combined difference between the just value
48 and the assessed value of both of the prior eligible homesteads
49 as of January 1 of the year in which one or both of the
50 respective eligible prior homesteads were abandoned, but may not
51 exceed a total of $500,000. For purposes of this subparagraph,
52 the new homestead may be comprised of either of the prior
53 eligible homesteads.
54 Section 2. Paragraph (c) is added to subsection (5) of section 200.065, Florida Statutes, to read:
56 200.065 Method of fixing millage.—
57 (5) In each fiscal year:
58 (c) Except as provided in subparagraph (a)2., the prior
59 year adopted millage rate may only be increased if approved by a
60 two-thirds vote of the membership of the governing body of the
61 county, municipality, or independent district.
63 Any unit of government operating under a home rule charter
64 adopted pursuant to ss. 10, 11, and 24, Art. VIII of the State
65 Constitution of 1885, as preserved by s. 6(e), Art. VIII of the
66 State Constitution, which is granted the authority in the State
67 Constitution to exercise all the powers conferred now or
68 hereafter by general law upon municipalities and which exercises
69 such powers in the unincorporated area shall be recognized as a
70 municipality under this subsection. For a downtown development
71 authority established before the effective date of the State
72 Constitution which has a millage that must be approved by a
73 municipality, the governing body of that municipality shall be
74 considered the governing body of the downtown development
75 authority for purposes of this subsection.
76 Section 3. (1) The Department of Revenue is authorized,
77 and all conditions are deemed met, to adopt emergency rules
78 pursuant to s. 120.54(4), Florida Statutes, to implement the
79 amendments made by this act to ss. 193.155 and 200.065, Florida
80 Statutes. Notwithstanding any other provision of law, emergency
81 rules adopted pursuant to this subsection are effective for 6
82 months after adoption and may be renewed during the pendency of
83 procedures to adopt permanent rules addressing the subject of
84 the emergency rules.
85 (2) This section shall take effect upon this act becoming
86 a law and expires July 1, 2028.
87 Section 4. The amendments made by this act to ss. 193.155
88 and 200.065, Florida Statutes, first apply to the 2027 tax roll.
89 Section 5. Except as otherwise expressly provided for in
90 this act and except for this section, which shall take effect
91 upon becoming a law, this act shall take effect January 1, 2027.