Florida 2023 Regular Session

Florida House Bill H1097 Compare Versions

Only one version of the bill is available at this time.

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10	10	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
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14	14	A bill to be entitled 1
15	15	An act relating to disclosure of estimated property 2
16	16	taxes; creating s. 501.2042, F.S.; defining terms; 3
17	17	requiring residential property listings to include 4
18	18	specified information; requiring the Department of 5
19	19	Revenue to develop a specified formula; requiring each 6
20	20	property appraiser to annually provide certain 7
21	21	information to the department; requiring the 8
22	22	department to annually publish certain information on 9
23	23	its website by a specified date; providing an 10
24	24	affirmative defense; providing an effective date. 11
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26	26	Be It Enacted by the Legislature of the State of Florida: 13
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28	28	Section 1. Section 501.2042, Florida Statutes, is created 15
29	29	to read: 16
30	30	501.2042 Unlawful acts and practices by real property 17
31	31	listing platforms.— 18
32	32	(1) As used in this section, the term: 19
33	33	(a) "Buyer's property tax estimate" means a reasonable 20
34	34	estimate of ad valorem taxes for a tax year beginning January 1 21
35	35	of the year after the property was purchased ba sed on the asking 22
36	36	or listed price with and without the application of the 23
37	37	homestead exemption under s. 196.031. 24
38	38	(b) "Real property listing platform" means a website, web 25
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47	47	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
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51	51	application, mobile application, or similar technology that 26
52	52	allows a member of the p ublic to view listings for residential 27
53	53	property that is for sale. 28
54	54	(2) A listing for residential property displayed on a real 29
55	55	property listing platform must include: 30
56	56	(a) The buyer's property tax estimate. The buyer's 31
57	57	property tax estimate must include l anguage explaining that the 32
58	58	estimate does not include all tax benefits for which the buyer 33
59	59	may qualify or any non -ad valorem assessments. 34
60	60	(b) A link to the website of the property appraiser for 35
61	61	the county in which the residential property is located. 36
62	62	(3)(a) The Department of Revenue shall develop a formula 37
63	63	for real property listing platforms to use to comply with this 38
64	64	section. 39
65	65	(b) Annually, by a date set by the Department of Revenue, 40
66	66	each property appraiser must provide the Department of Revenue 41
67	67	with information needed to calculate the buyer's property tax 42
68	68	estimate, including, but not limited to, the county name, the 43
69	69	tax district code, and the most current summary school millage 44
70	70	rate and summary millage rate for all other applicable taxing 45
71	71	authorities. 46
72	72	(c) On or before December 15 of each year, the Department 47
73	73	of Revenue must publish, on its website, the formula developed 48
74	74	under paragraph (a) and information needed to calculate the 49
75	75	buyer's property tax estimate. 50
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81	81	CODING: Words stricken are deletions; words underlined are additions.
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84	84	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
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88	88	(4) A residential property listing plat form's use of the 51
89	89	formula and information published under paragraph (3)(c) is an 52
90	90	affirmative defense to a violation of paragraph (2)(a). 53
91	91	Section 2. This act shall take effect July 1, 2023. 54