The bill amends section 689.261 of the Florida Statutes to enhance the disclosure of estimated ad valorem taxes for residential properties listed on public-facing online platforms. It introduces definitions for "listing platform" and "property," and mandates that listings must include estimated ad valorem taxes. The bill prohibits the display of the current owner's ad valorem taxes for certain purposes, although it allows for historical tax information to be included under specific conditions. Additionally, it outlines requirements for listing platforms, the Department of Revenue, and property appraisers, including the development of a formula for estimating taxes that must be published annually on the Department's website.

Furthermore, the bill provides protection from liability for listing platforms and licensees regarding the accuracy of estimated ad valorem taxes when they comply with the new regulations. It also restricts the inclusion of the current owner's ad valorem taxes in printed materials and social media posts related to property listings. The Department of Revenue is tasked with maintaining a table of links to property appraisers' tax estimators and home pages, and it is authorized to adopt rules for implementing these provisions. The act is set to take effect on January 1, 2026.