HB 1097 2023
CODING: Words stricken are deletions; words underlined are additions.
hb1097-00
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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 disclosure of estimated property 2
taxes; creating s. 501.2042, F.S.; defining terms; 3
requiring residential property listings to include 4
specified information; requiring the Department of 5
Revenue to develop a specified formula; requiring each 6
property appraiser to annually provide certain 7
information to the department; requiring the 8
department to annually publish certain information on 9
its website by a specified date; providing an 10
affirmative defense; providing an effective date. 11
12
Be It Enacted by the Legislature of the State of Florida: 13
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Section 1. Section 501.2042, Florida Statutes, is created 15
to read: 16
501.2042 Unlawful acts and practices by real property 17
listing platforms.— 18
(1) As used in this section, the term: 19
(a) "Buyer's property tax estimate" means a reasonable 20
estimate of ad valorem taxes for a tax year beginning January 1 21
of the year after the property was purchased ba sed on the asking 22
or listed price with and without the application of the 23
homestead exemption under s. 196.031. 24
(b) "Real property listing platform" means a website, web 25
HB 1097 2023
CODING: Words stricken are deletions; words underlined are additions.
hb1097-00
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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
application, mobile application, or similar technology that 26
allows a member of the p ublic to view listings for residential 27
property that is for sale. 28
(2) A listing for residential property displayed on a real 29
property listing platform must include: 30
(a) The buyer's property tax estimate. The buyer's 31
property tax estimate must include l anguage explaining that the 32
estimate does not include all tax benefits for which the buyer 33
may qualify or any non -ad valorem assessments. 34
(b) A link to the website of the property appraiser for 35
the county in which the residential property is located. 36
(3)(a) The Department of Revenue shall develop a formula 37
for real property listing platforms to use to comply with this 38
section. 39
(b) Annually, by a date set by the Department of Revenue, 40
each property appraiser must provide the Department of Revenue 41
with information needed to calculate the buyer's property tax 42
estimate, including, but not limited to, the county name, the 43
tax district code, and the most current summary school millage 44
rate and summary millage rate for all other applicable taxing 45
authorities. 46
(c) On or before December 15 of each year, the Department 47
of Revenue must publish, on its website, the formula developed 48
under paragraph (a) and information needed to calculate the 49
buyer's property tax estimate. 50
HB 1097 2023
CODING: Words stricken are deletions; words underlined are additions.
hb1097-00
Page 3 of 3
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
(4) A residential property listing plat form's use of the 51
formula and information published under paragraph (3)(c) is an 52
affirmative defense to a violation of paragraph (2)(a). 53
Section 2. This act shall take effect July 1, 2023. 54