Florida 2025 Regular Session

Florida House Bill H1037 Compare Versions

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

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3	3	HB 1037 2025
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7	7	CODING: Words stricken are deletions; words underlined are additions.
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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 ad valorem 2
16	16	taxes; amending s. 689.261, F.S.; defining the terms 3
17	17	"listing platform" and "property"; requiring certain 4
18	18	listings to include estimated ad valorem taxes; 5
19	19	prohibiting the current owner's ad valorem taxes from 6
20	20	being displayed or used for certain purposes; 7
21	21	providing an exception; providing requirements for 8
22	22	listing platforms, the Department of Revenue, and 9
23	23	property appraisers; providing protection from 10
24	24	liability for specified parties who take certain 11
25	25	actions; providing construction; prohibiting certain 12
26	26	materials from including specified information; 13
27	27	requiring, beginning on a specified date, the 14
28	28	department to annual ly publish a formula and certain 15
29	29	information on its website; authorizing the department 16
30	30	to adopt rules; providing an effective date. 17
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32	32	Be It Enacted by the Legislature of the State of Florida: 19
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34	34	Section 1. Subsection (3) is added to section 689.261, 21
35	35	Florida Statutes, to read: 22
36	36	689.261 Sale of residential property; disclosure of ad 23
37	37	valorem taxes to prospective purchaser. — 24
38	38	(3)(a) As used in this subsection, the term: 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	1. "Listing platform" means any public -facing online real 26
52	52	property listing platfor m, including, but not limited to, 27
53	53	websites, web applications, and mobile applications. 28
54	54	2. "Property" means residential real property located 29
55	55	within this state. 30
56	56	(b) Property visible on a listing platform must include 31
57	57	the estimated ad valorem taxes for s uch property. 32
58	58	1. The current owner's ad valorem taxes may not be 33
59	59	displayed or used to calculate the estimated ad valorem taxes. 34
60	60	However, the current owner's ad valorem taxes may be included as 35
61	61	part of historical tax information, if similar historical tax 36
62	62	information was included on the listing platform as of January 37
63	63	1, 2025, and if such information is displayed less prominently 38
64	64	than the tax estimate calculated under this subsection. 39
65	65	2. If the ad valorem taxes are estimated using a tax 40
66	66	estimator or buyer payment calculator, the listing platform must 41
67	67	calculate and display the ad valorem taxes that would be due if 42
68	68	the purchaser were taxed on the listing price of the property at 43
69	69	current millage rates using the data and formula published under 44
70	70	paragraph (d). The use of such data and formula constitutes a 45
71	71	reasonable estimate of ad valorem taxes. The listing platform 46
72	72	must include a disclaimer next to the estimated ad valorem taxes 47
73	73	that the millage rates of applicable taxing authorities may vary 48
74	74	within a county and that the estimated ad valorem taxes do not 49
75	75	include all applicable non -ad valorem assessments or exemptions, 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	discounts, and other tax benefits, including, but not limited 51
89	89	to, transfer of the homestead assessment difference under s. 4, 52
90	90	Art. VII of the State Constitution. 53
91	91	3. If ad valorem taxes are not estimated using a tax 54
92	92	estimator or buyer payment calculator as provided in sub -55
93	93	paragraph 2., the listing platform shall include a link to the 56
94	94	property appraiser's tax estimator for the county in which the 57
95	95	property is located, if available, or to such property 58
96	96	appraiser's home page. The Department of Revenue must maintain a 59
97	97	table of links to each property appraiser's home page and tax 60
98	98	estimator, if available, on its website. 61
99	99	4. There shall be no liability o n the part of, and no 62
100	100	cause of action of any nature shall arise against a listing 63
101	101	platform or licensee under chapter 475 for the accuracy of the 64
102	102	estimated ad valorem taxes of a property listed on a listing 65
103	103	platform when in compliance with this paragraph. 66
104	104	(c) The current owner's ad valorem taxes may not be 67
105	105	included within any: 68
106	106	1. Printed listing materials concerning a property. 69
107	107	2. Post on a social media platform pertaining to a 70
108	108	property listed for sale. 71
109	109	(d) The Department of Revenue shall annually develop a 72
110	110	formula that may be used by a listing platform to calculate the 73
111	111	estimated ad valorem taxes required under this subsection. The 74
112	112	department shall require each property appraiser to provide the 75
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121	121	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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125	125	department with any information needed to develop the formula, 76
126	126	including, at a minimum, the county name, tax district code, 77
127	127	summary school millage rate, and summary millage rate for all 78
128	128	other applicable taxing authorities. Beginning December 15, 79
129	129	2025, and annually thereafter, the department shall publish the 80
130	130	formula and the information collected from each property 81
131	131	appraiser under this paragraph on its website. 82
132	132	(e) The Department of Revenue may adopt rules to implement 83
133	133	paragraph (d). 84
134	134	Section 2. This act shall take effect January 1, 2026. 85