PROVIDED SUMMARY
Eligibility of Leasehold Interests for Homestead Exemptions; Revises circumstances under which persons may be deemed to have legal or beneficial & equitable title to certain property for homestead exemption purposes.
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Plain English Summary
AI-GENERATED
Expands homestead exemption eligibility to include 98-year leaseholds that end upon the lessee's death.
The bill amends the homestead exemption statute to clarify that a lessee holding a 98-year residential lease is deemed to have legal or beneficial title, even if the lease terminates upon their death.
This change ensures that the specific clause ending the lease at death does not disqualify the lessee from claiming the property tax exemption.
The amendment is explicitly designated as remedial and clarifying, confirming that the intent is to fix an existing eligibility gap rather than create a new tax benefit.
No existing requirements for the 98-year lease term or the residential nature of the property are altered or removed by this text.
KEY PROVISIONS
§ 1
Leasehold Homestead Eligibility
majors. 196.041
AIExpands the definition of property owners eligible for the homestead tax exemption to include lessees of long-term residential leases, regardless of whether the lease ends upon the lessee's death.
“even if such lease contains a provision terminating the leasehold interest upon the death of the lessees”
bill text, line 24 →
§ 2
Remedial and Clarifying Nature
moderates. 196.041
AIDeclares the amendment to the homestead exemption statute to be remedial and clarifying, which may affect how courts interpret the change and its application to existing cases.
“The amendment made by this act to s. 196.041, Florida Statutes, is remedial and clarifying in nature”
bill text, line 38 →
TIMELINE
3/9/2026
Laid on Table; Companion bill(s) passed, see CS/SB 110 (Ch. 2026-162 )
2/11/2026
Added to Second Reading Calendar
2/11/2026
Bill referred to House Calendar
2/10/2026
1st Reading (Committee Substitute 1)
2/10/2026
Laid on Table under Rule 7.18(a)
2/10/2026
Reported out of State Affairs Committee
2/10/2026
Favorable with CS by State Affairs Committee
2/6/2026
Added to State Affairs Committee agenda
1/14/2026
Now in State Affairs Committee
1/14/2026
Reported out of Intergovernmental Affairs Subcommittee
1/14/2026
Favorable by Intergovernmental Affairs Subcommittee
1/13/2026
1st Reading (Original Filed Version)
1/12/2026
Added to Intergovernmental Affairs Subcommittee agenda
12/10/2025
Now in Intergovernmental Affairs Subcommittee
12/10/2025
Reported out of Ways & Means Committee
12/10/2025
Favorable by Ways & Means Committee
12/3/2025
Added to Ways & Means Committee agenda
10/28/2025
Now in Ways & Means Committee
10/28/2025
Referred to State Affairs Committee
10/28/2025
Referred to Intergovernmental Affairs Subcommittee
10/28/2025
Referred to Ways & Means Committee
17 EARLIER →
STATUTES IT CHANGES
STAFF ANALYSES