The bill amends Florida Statutes regarding deferred and unpaid taxes, specifically targeting homestead tax deferrals and the sale of tax certificates. It introduces a limitation on the eligibility for homestead tax deferral, specifying that only properties with a just value of $1 million or less can apply for this deferral. Additionally, it clarifies that individuals entitled to a homestead tax exemption who have waived it must provide a certificate of eligibility from the county property appraiser.

Furthermore, the bill increases the minimum value of a tax certificate that can be sold at public auction or through electronic sale from $250 to $500 for properties that have received a homestead exemption in the year the delinquent taxes were assessed. This change aims to ensure that only tax certificates representing a more significant amount of delinquent taxes are sold, thereby streamlining the process and potentially reducing the burden on taxpayers. The act is set to take effect on July 1, 2025.

Statutes affected:
H 761 Filed: 197.252