BILL SUMMARY DETAILS

Florida League of Cities

Ad Valorem Tax Exemption for Nonprofit Homes for the Aged (Monitor)

HB 127 (Smith) and SB 566 (Wright) expand the current ad valorem tax exemption for not-for-profit homes for the aged to also allow a home for the aged owned by a separate entity that is owned by a not-for-profit corporation to also receive the exemption. (Cruz)