HB 825 2025
CODING: Words stricken are deletions; words underlined are additions.
hb825-00
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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 assets; amending s. 2
222.22, F.S.; exempting certain moneys from specified 3
legal process; defining the term "homeowner savings 4
plan"; providing for contingent effect; providing an 5
effective date. 6
7
Be It Enacted by the Legislature of the State of Florida: 8
9
Section 1. Subsections (6) and (7) are added to section 10
222.22, Florida Statutes, to read: 11
222.22 Exemption of assets in qualified tuition programs, 12
medical savings accounts, Coverdell education savings accounts, 13
and hurricane savings accounts , homeowner savings plans, and 14
qualified home disaster mitigation and recovery expenses 15
accounts from legal process.— 16
(6)(a) Moneys paid into or out of, the assets of, and the 17
income of any homeowner savings plan are not liable to 18
attachment, levy, garnishment, or legal process in this state in 19
favor of any creditor of or claimant against any plan 20
participant, purchaser, owner or c ontributor, or plan 21
beneficiary. 22
(b) As used in this subsection, the term "homeowner 23
savings plan" means a plan used by the owner of homestead 24
property within this state to reduce taxable income based on the 25
HB 825 2025
CODING: Words stricken are deletions; words underlined are additions.
hb825-00
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
value of such property with the savings from s uch reduction 26
being directed back into the plan to use on expenses related to 27
homeownership. 28
(c) This subsection shall take effect only when the 29
Federal Government provides tax -exempt or tax-deferred status to 30
a homeowner savings plan. 31
(7) Moneys paid into or out of, the assets of, and the 32
income of any qualified home disaster mitigation and recovery 33
expenses account established by the account beneficiary of a 34
trust authorized under the Internal Revenue Code of 1986, as 35
amended, are not liable to attach ment, levy, garnishment, or 36
legal process in this state in favor of any creditor of or 37
claimant against any account participant, purchaser, owner or 38
contributor, or account beneficiary. 39
Section 2. This act shall take effect July 1, 2025. 40