Florida S0434 prohibits considering wind-resistance improvements when assessing residential property value.

Florida S0434 creates a new section in Florida Statutes to define "changes or improvements made to improve the property’s resistance to wind damage." It includes actions like creating a secondary water barrier, installing wind-resistant shingles, and reinforcing roof-to-wall connections. The bill prohibits considering the increase in just value of a property due to these wind-resistance improvements when determining the assessed value of residential property. This provision applies to changes or improvements made on or after January 1, 2027.

Florida S0434 prohibits considering wind-resistance improvements when assessing residential property value.

Florida S0434 creates a new section in Florida Statutes to define "changes or improvements made to improve the property’s resistance to wind damage." It includes actions like creating a secondary water barrier, installing wind-resistant shingles, and reinforcing roof-to-wall connections. The bill prohibits considering the increase in just value of a property due to these wind-resistance improvements when determining the assessed value of residential property. This provision applies to changes or improvements made on or after January 1, 2027.