This 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.

Additionally, the bill specifies that the amendment will first apply to the 2026 tax roll and establishes an effective date of July 1, 2025. This change aims to provide greater financial relief to disabled veterans and their families by increasing the amount of property that can be exempt from taxation.

Statutes affected:
S 218 Filed: 196.24
S 218 c1: 196.24