HB 359 2025 CODING: Words stricken are deletions; words underlined are additions. hb359-00 Page 1 of 1 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 property tax exemptions; creating 2 s. 196.2003, F.S.; creating a certain exemption from 3 all taxation for real property; providing a contingent 4 effective date. 5 6 Be It Enacted by the Legislature of the State of Florida: 7 8 Section 1. Section 196.2003, Florida Statutes, is created 9 to read: 10 196.2003 Exemption for all real property. —In accordance 11 with s. 3(h), Art. VII of the State Constitutio n, $100,000 of 12 the value of real property is entitled to an exemption from all 13 taxation. 14 Section 2. This act shall take effect on the effective 15 date of the amendment to the State Constitution proposed by HJR 16 357 or a similar joint resolution having sub stantially the same 17 specified intent and purpose , if such amendment to the State 18 Constitution is approved at the next general election or at an 19 earlier special election specifically authorized by law for that 20 purpose. 21