BILL SUMMARY DETAILS

Florida League of Cities

Ad Valorem Tax Exemption for Nonprofit Homes for the Aged (Watch) – FAILED 

SB 362 (Rodriguez) and CS/HB 401 (Smith) expand options that would allow a nonprofit home for the aged to qualify for an exemption from ad valorem taxation. The bills allow the

sole general partner to be another entity wholly owned by a not-for-profit corporation. (Hughes)