BILL SUMMARY DETAILS

Florida League of Cities

Increased Homestead Property Tax Exemption (Oppose) 

HB 7019 (Buchanan) is the implementing bill for HJR 7015 and HJR 7017 if it is voter-approved and would increase the maximum amount of the exemption on homestead property from a maximum amount of $25,000 to a maximum amount of $50,000, for homestead property with an assessed value greater than $50,000. (Chapman)