The bill amends section 196.24 of the Florida Statutes to increase the tax exemption for certain disabled ex-servicemembers. Specifically, it raises the property tax exemption value from $5,000 to $10,000 for ex-servicemembers who are bona fide residents of Florida, discharged under honorable conditions, and have a disability rating of 10 percent or more due to misfortune or wartime service. The bill also confirms that the unremarried surviving spouse of a disabled ex-servicemember is entitled to the same exemption.

The effective date for this change is set for July 1, 2025. The bill aims to provide greater financial relief to disabled ex-servicemembers and their surviving spouses by increasing the amount of property that can be exempt from taxation.

Statutes affected:
H 39 Filed: 196.24