HB 471 2023
CODING: Words stricken are deletions; words underlined are additions.
hb0471-00
Page 1 of 2
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 assessments; amending s. 2
193.155, F.S.; revising the limitation on annual 3
increases of homestead property tax assessments; 4
providing a contingent effective date. 5
6
Be It Enacted by the Legislature of the State of Florida: 7
8
Section 1. Subsection (1) of section 193.155, Florida 9
Statutes, is 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
(1) Beginning in 1995, or the year following the year the 17
property receives homestead exemption, whichever is later, the 18
property shall be reassessed annually on January 1. Any change 19
resulting from such reassessment shall not exceed the lower of 20
the following: 21
(a) Two Three percent of the assessed value of the 22
property for the prior year; or 23
(b) The percentage change in the Consumer Price Index for 24
All Urban Consumers, U.S. City Average, all items 1967=100, or 25
HB 471 2023
CODING: Words stricken are deletions; words underlined are additions.
hb0471-00
Page 2 of 2
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
successor reports for the preceding calendar year as initially 26
reported by the United States Department of Labor, Bureau of 27
Labor Statistics. 28
Section 2. This act shall take effect on the effective 29
date of the amendment to the State Constitution proposed by HJR 30
469 or a similar joint resolution ha ving substantially the same 31
specific intent and purpose , if such amendment to the State 32
Constitution is approved at the next general election or at an 33
earlier special election specifically authorized by law for that 34
purpose. 35