No. HB 617
Filed under Taxes & Budget.
Assessment of Property Used for Residential Purposes; Prohibits consideration of increase in just value of property which is attributable to changes or improvements made to improve property's resistance to wind damage in determinations of assessed value of certain property.
Plain English Summary
AI-GENERATEDFlorida property appraisers must ignore the added value of specific wind-resistance improvements when calculating a home's assessed value.
This prevents property tax bills from rising due to the cost of installing storm shutters, reinforced roofs, or other wind protections.
The rule applies to all residential properties where these specific improvements are made on or after January 1, 2027.
Homeowners can now invest in storm safety without facing a corresponding increase in their annual property tax liability.
AIProhibits property appraisers from including the value of specific wind-resistance upgrades in a home's assessed value.
AISpecifies which physical upgrades qualify for the assessment exclusion, including roof, wall, and opening protections.
AILimits the assessment exclusion to improvements installed on or after a specific future date.