Florida H0071 establishes a Homestead Property Tax Relief Program to distribute funds to eligible homestead property owners.

Florida H0071 creates the Homestead Property Tax Relief Program within the Department of Financial Services. It defines "eligible homesteader" as those with a homestead exemption on property owned by September 30, 2024, valued between $100,000 and $450,000. The Chief Financial Officer will issue $1,000 warrants annually to these homeowners from 2026 to 2030. The program requires collaboration with county property appraisers to identify eligible homesteaders and mandates the Department of Financial Services to develop rules for administering the program.

Florida H0071 establishes a Homestead Property Tax Relief Program to distribute funds to eligible homestead property owners.

Florida H0071 creates the Homestead Property Tax Relief Program within the Department of Financial Services. It defines "eligible homesteader" as those with a homestead exemption on property owned by September 30, 2024, valued between $100,000 and $450,000. The Chief Financial Officer will issue $1,000 warrants annually to these homeowners from 2026 to 2030. The program requires collaboration with county property appraisers to identify eligible homesteaders and mandates the Department of Financial Services to develop rules for administering the program.