MARCH 23 • 12:53 p.m. — A measure supported by Florida Realtors to lower property taxes for first-time homesteaders and ensures that property taxes don’t increase when property values decline, cleared the House Community & Military Affairs Subcommittee this morning. HB 381 by Rep. Chris Dorworth (R-Heathrow) has one more committee stop in the House.
-------------------------------------------
JOINT RESOLUTION by Finance & Tax Committee and Community & Military Affairs Subcommittee and Dorworth and Costello and Crisafulli and Bovo (CO-SPONSORS) Davis; Gaetz; Mayfield; Tobia; Van Zant
Property Assessment, Homestead and Specified Nonhomestead Value Decline; Nonhomestead Increase Limitation Reduction; Additional Homestead Exemption; Scheduled Repeal Deletion: Proposes revisions to State Constitution to allow Legislature by general law to prohibit increases in assessed value of homestead & specified nonhomestead property if just value of property decreases, reduce limitation on annual assessment increases applicable to nonhomestead real property, provide additional homestead exemption for owners of homestead property who have not owned homestead property for specified time before purchase of current homestead property, & application & limitations with respect thereto, delete future repeal of provisions limiting annual assessment increases for specified nonhomestead real property, & provide effective dates.
Effective Date: Not Specified
-------------------------------------------
JOINT RESOLUTION by Finance & Tax Committee and Community & Military Affairs Subcommittee and Dorworth and Costello and Crisafulli and Bovo (CO-SPONSORS) Davis; Gaetz; Mayfield; Tobia; Van Zant
Property Assessment, Homestead and Specified Nonhomestead Value Decline; Nonhomestead Increase Limitation Reduction; Additional Homestead Exemption; Scheduled Repeal Deletion: Proposes revisions to State Constitution to allow Legislature by general law to prohibit increases in assessed value of homestead & specified nonhomestead property if just value of property decreases, reduce limitation on annual assessment increases applicable to nonhomestead real property, provide additional homestead exemption for owners of homestead property who have not owned homestead property for specified time before purchase of current homestead property, & application & limitations with respect thereto, delete future repeal of provisions limiting annual assessment increases for specified nonhomestead real property, & provide effective dates.
Effective Date: Not Specified
No comments:
Post a Comment