House Bill 775 amends the assessment process for homestead properties in Florida, focusing on the transfer of assessment limitations when homeowners move. The bill removes several existing provisions that required property appraisers to share documentation and processes related to previous homesteads, including the transmission of completed forms between counties and the stipulation that the transfer of assessment limitations is not final until the assessment roll values are finalized. The new language clarifies the process for correcting erroneous assessments and handling back taxes, ensuring that homeowners are notified of any errors and given the opportunity to pay owed taxes before a tax lien is recorded.

Additionally, the bill proposes changes to the appeal process for property assessments, eliminating the requirement for the value adjustment board in the previous homestead county to reconvene upon receiving a petition from the taxpayer in the new county. It also establishes a new grant program through the Department of Revenue to assist local governments facing revenue shortfalls due to these changes, with the authority to adopt rules for administering the program. The act will take effect contingent upon the approval of a related constitutional amendment proposed by HJR 773 or a similar resolution at the next general election or an earlier special election.

Statutes affected:
H 775 Filed: 193.155