Florida H0205 proposes a constitutional amendment to exempt homestead property from ad valorem taxation for persons age 65 or older and prohibits.

Florida H0205 proposes an amendment to the State Constitution to exempt homestead property from ad valorem taxation for persons who have attained age 65. This exemption applies to all levies other than school district levies. The bill also prohibits counties and municipalities from reducing law enforcement funding below the amount budgeted in local fiscal year 2025-2026 or 2026-2027, whichever was greater. The amendment would take effect January 1, 2027.

Florida H0205 proposes a constitutional amendment to exempt homestead property from ad valorem taxation for persons age 65 or older and prohibits.

Florida H0205 proposes an amendment to the State Constitution to exempt homestead property from ad valorem taxation for persons who have attained age 65. This exemption applies to all levies other than school district levies. The bill also prohibits counties and municipalities from reducing law enforcement funding below the amount budgeted in local fiscal year 2025-2026 or 2026-2027, whichever was greater. The amendment would take effect January 1, 2027.