Florida HB 6027: Homestead Assessment Limitation Transfer

Bill Text

HB 6027 2026

CODING: Words stricken are deletions; words underlined are additions.
hb6027-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to homestead assessment limitation 2
transfer; amending s. 193.155, F.S.; conforming 3
provisions to align with the State Constitution; 4
providing an effective date. 5
6
Be It Enacted by the Legislature of the State of Florida: 7
8
Section 1. Paragraphs (a) and (b) of subsection (8) of 9
section 193.155, Florida Statutes, are amended to read: 10
193.155 Homestead assessments.—Homestead property shall be 11
assessed at just value as of January 1, 1994. Property receiving 12
the homestead exemption after January 1, 1994, shall be assessed 13
at just value as of January 1 of the year in which the property 14
receives the exemption unless the provisions of subsection (8) 15
apply. 16
(8) Property assessed under this section shall be assessed 17
at less than just value when the person who establishes a new 18
homestead has received a homestead exemption as of January 1 of 19
any of the 3 immediately preceding years. For purposes of this 20
subsection, a husband and wife who owned and both permanently 21
resided on a previous homestead shall each be considered to have 22
received the homestead exemption even though only the husband or 23
the wife applied for the homestead exemption on the previous 24
homestead. The assessed value of the newly established homestead 25

HB 6027 2026

CODING: Words stricken are deletions; words underlined are additions.
hb6027-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

shall be determined as provided in this subsection. 26
(a) If the just value of the new homestead as of January 1 27
is greater than or equal to the just value of the immediate 28
prior homestead as of January 1 of the year in which the 29
immediate prior homestead was abandoned, the assessed value of 30
the new homestead shall be the just value of the new homestead 31
minus an amount equal to the lesser of $500,000 or the 32
difference between the just value and the assessed value of the 33
immediate prior homestead as of January 1 of the year in which 34
the prior homestead was abandoned. Thereafter, the homestead 35
shall be assessed as provided in this section. 36
(b) If the just value of the new homestead as of January 1 37
is less than the just value of the immediate prior homestead as 38
of January 1 of the year in which the immediate prior homestead 39
was abandoned, the assessed value of the new homestead shall be 40
equal to the just value of the new homestead divided by the just 41
value of the immediate prior homestead and multiplied by the 42
assessed value of the immediate prior homestead. However, if the 43
difference between the just value of the new homestead and the 44
assessed value of the new homestead calculated pursuant to this 45
paragraph is greater than $500,000, the assessed value of the 46
new homestead shall be increased so that the difference between 47
the just value and the assessed value equals $500,000. 48
Thereafter, the homestead shall be assessed as provided in this 49
section. 50

HB 6027 2026

CODING: Words stricken are deletions; words underlined are additions.
hb6027-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

Section 2. This act shall take effect July 1, 2026. 51