HB 7019 2024
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hb7019-00
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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 exemption of homesteads; contingent 2
on the results of a certain election, amending s. 3
196.031, F.S.; increasing the additional exemption for 4
certain homesteads; requiring the value of certain 5
homestead exemptions be adjusted annually; or 6
increasing the additional exemption for certain 7
homesteads and requiring the value of certain 8
homesteads be adjusted annually; providing effective 9
dates. 10
11
Be It Enacted by the Legislature of the State of Florida: 12
13
Section 1. Effective upon the effective date of the 14
amendment to the State Constitution proposed by HJR 7015, 2024 15
Regular Session, or a similar joint resolution having 16
substantially the same s pecific intent and purpose, if such 17
amendment to the State Constitution is approved at the general 18
election held in November 2024 or at an earlier special election 19
specifically authorized by law for that purpose, and if the 20
amendment to the State Constitut ion proposed by HJR 7017, 2024 21
Regular Session, or a similar joint resolution having 22
substantially the same specific intent and purpose is not 23
approved at the general election held in November 2024 or at an 24
earlier special election specifically authorized by law for that 25
HB 7019 2024
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hb7019-00
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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
purpose, paragraph (b) of subsection (1) of section 196.031, 26
Florida Statutes, is amended to read: 27
196.031 Exemption of homesteads. — 28
(1) 29
(b) Every person who qualifies to receive the exemption 30
provided in paragraph (a) is entitled to a n additional exemption 31
of up to $50,000 $25,000 on the assessed valuation greater than 32
$50,000 for all levies other than school district levies. 33
Section 2. Effective upon the effective date of the 34
amendment to the State Constitution proposed by HJR 7017, 2024 35
Regular Session, or a similar joint resolution having 36
substantially the same specific intent and purpose, if such 37
amendment to the State Constitution is approved at the general 38
election held in November 2024 or at an earlier special election 39
specifically authorized by law for that purpose, and if the 40
amendment to the State Constitution proposed by HJR 7015, 2024 41
Regular Session or a similar joint resolution having 42
substantially the same specific intent and purpose is not 43
approved at the general elec tion held in November 2024 or at an 44
earlier special election specifically authorized by law for that 45
purpose, paragraph (b) of subsection (1) of section 196.031, 46
Florida Statutes, is amended to read: 47
196.031 Exemption of homesteads. — 48
(1) 49
(b) Every person who qualifies to receive the exemption 50
HB 7019 2024
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hb7019-00
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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
provided in paragraph (a) is entitled to an additional exemption 51
of up to $25,000 on the assessed valuation greater than $50,000 52
for all levies other than school district levies. The value of 53
the exemption provide d in this paragraph shall be reassessed 54
annually on January 1 using the percentage change in the 55
Consumer Price Index for All Urban Consumers, U.S. City Average, 56
all items 1967=100, or successor reports for the preceding 57
calendar year as initially reported by the United States 58
Department of Labor, Bureau of Labor Statistics. 59
Section 3. Effective upon the effective date of the 60
amendment to the State Constitution proposed by HJR 7015, 2024 61
Regular Session, or a similar joint resolution having 62
substantially the same specific intent and purpose, if such 63
amendment to the State Constitution is approved at the general 64
election held in November 2024 or at an earlier special election 65
specifically authorized by law for that purpose, and if the 66
amendment to the Sta te Constitution proposed by HJR 7017, 2024 67
Regular Session, or a similar joint resolution having 68
substantially the same specific intent and purpose is also 69
approved at the general election held in November 2024 or at an 70
earlier special election specificall y authorized by law for that 71
purpose, paragraph (b) of subsection (1) of section 196.031, 72
Florida Statutes, is amended to read:: 73
196.031 Exemption of homesteads. — 74
(1) 75
HB 7019 2024
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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
(b) Every person who qualifies to receive the exemption 76
provided in paragraph (a) is entitled to an additional exemption 77
of up to $50,000 $25,000 on the assessed valuation greater than 78
$50,000 for all levies other than school district levies. The 79
value of the exemption provided in this paragraph shall be 80
reassessed annually on January 1 u sing the percentage change in 81
the Consumer Price Index for All Urban Consumers, U.S. City 82
Average, all items 1967=100, or successor reports for the 83
preceding calendar year as initially reported by the United 84
States Department of Labor, Bureau of Labor Stat istics. 85
Section 4. Except as otherwise expressly provided in this 86
act, this act shall take effect July 1, 2024. 87