Florida SB 280: Cardiopulmonary Resuscitation Training in Public Schools

Bill Text

280 
Assessment of Homestead Property 
2025-10-23T12:02:03Z 
Limiting the assessed value upon change of ownership of homestead property having a prior assessed value below a certain amount when the person acquiring the property is entitled to a homestead exemption, etc. 
Original Filed Version 
2026 
S 
GB 
General Bill 
__ 

 Florida Senate - 2026 SB 280 

 By Senator Bernard 

 24-00444C-26 2026280__ 
 1 A bill to be entitled 
 2 An act relating to assessment of homestead property; 
 3 amending s. 193.155, F.S.; limiting the assessed value 
 4 upon change of ownership of homestead property having 
 5 a prior assessed value below a certain amount when the 
 6 person acquiring the property is entitled to a 
 7 homestead exemption; providing a contingent effective 
 8 date. 
 9 
 10 Be It Enacted by the Legislature of the State of Florida: 
 11 
 12 Section 1. Paragraph (a) of subsection (3) of section 
 13 193.155, Florida Statutes, is amended to read: 
 14 193.155 Homestead assessments.—Homestead property shall be 
 15 assessed at just value as of January 1, 1994. Property receiving 
 16 the homestead exemption after January 1, 1994, shall be assessed 
 17 at just value as of January 1 of the year in which the property 
 18 receives the exemption unless the provisions of subsection (8) 
 19 apply. 
 20 (3)(a) Except as provided in this subsection or subsection 
 21 (8), property assessed under this section shall be assessed at 
 22 just value as of January 1 of the year following a change of 
 23 ownership; however, if ownership is acquired by a person 
 24 entitled to a homestead exemption and the acquired property had 
 25 an assessed value of less than $500,000 in the preceding year, 
 26 the property’s assessed value may not exceed 150 percent of its 
 27 assessed value in the preceding year. Thereafter, the annual 
 28 changes in the assessed value of the property are subject to the 
 29 limitations in subsections (1) and (2). For the purpose of this 
 30 section, a change of ownership means any sale, foreclosure, or 
 31 transfer of legal title or beneficial title in equity to any 
 32 person, except if any of the following apply: 
 33 1. Subsequent to the change or transfer, the same person is 
 34 entitled to the homestead exemption as was previously entitled 
 35 and: 
 36 a. The transfer of title is to correct an error; 
 37 b. The transfer is between legal and equitable title or 
 38 equitable and equitable title and no additional person applies 
 39 for a homestead exemption on the property; 
 40 c. The change or transfer is by means of an instrument in 
 41 which the owner is listed as both grantor and grantee of the 
 42 real property and one or more other individuals are additionally 
 43 named as grantee. However, if any individual who is additionally 
 44 named as a grantee applies for a homestead exemption on the 
 45 property, the application is considered a change of ownership; 
 46 d. The change or transfer is by means of an instrument in 
 47 which the owner entitled to the homestead exemption is listed as 
 48 both grantor and grantee of the real property and one or more 
 49 other individuals, all of whom held title as joint tenants with 
 50 rights of survivorship with the owner, are named only as 
 51 grantors and are removed from the title; or 
 52 e. The person is a lessee entitled to the homestead 
 53 exemption under s. 196.041(1); 
 54 2. Legal or equitable title is changed or transferred 
 55 between husband and wife, including a change or transfer to a 
 56 surviving spouse or a transfer due to a dissolution of marriage; 
 57 3. The transfer occurs by operation of law to the surviving 
 58 spouse or minor child or children under s. 732.401; 
 59 4. Upon the death of the owner, the transfer is between the 
 60 owner and another who is a permanent resident and who is legally 
 61 or naturally dependent upon the owner; or 
 62 5. The transfer occurs with respect to a property where all 
 63 of the following apply: 
 64 a. Multiple owners hold title as joint tenants with rights 
 65 of survivorship; 
 66 b. One or more owners were entitled to and received the 
 67 homestead exemption on the property; 
 68 c. The death of one or more owners occurs; and 
 69 d. Subsequent to the transfer, the surviving owner or 
 70 owners previously entitled to and receiving the homestead 
 71 exemption continue to be entitled to and receive the homestead 
 72 exemption. 
 73 Section 2. This act shall take effect on the effective date 
 74 of the amendment to the State Constitution proposed by SJR 278 
 75 or a similar joint resolution having substantially the same 
 76 specific intent and purpose, if such amendment is approved at 
 77 the next general election or at an earlier special election 
 78 specifically authorized by law for that purpose.