No. CS/HB 4051
Filed under Local Government.
Pace Fire Rescue District, Santa Rosa County; Provides exemption from non-ad valorem assessments for churches & specified religious institutions otherwise exempt from ad valorem taxes; provides calculation methods for non-ad valorem assessments; revises non-ad valorem assessments for residential properties & for industrial properties exceeding 40,000 square feet.
Plain English Summary
AI-GENERATEDChurches and religious institutions exempt from ad valorem taxes will no longer be charged non-ad valorem fire district assessments.
Residential properties over 1,600 square feet see a reduced per-square-foot rate, with a new $350 total assessment cap.
Industrial properties over 40,000 square feet face a reduced per-square-foot rate for the excess area.
Commercial properties up to 2,500 square feet are now assessed at a flat $500 base rate.
AIProhibits the district from levying non-ad valorem assessments on churches and religious institutions that are already exempt from ad valorem taxes.
AICaps the total non-ad valorem assessment for residential properties at $350, regardless of square footage.
AIChanges the industrial property assessment to a two-tier structure, applying a higher rate up to 40,000 square feet and a lower rate for excess footage.
AIMandates that the district rely on Santa Rosa County Property Appraiser classifications to determine the applicable assessment rate.