This bill amends section 196.081 of the Florida Statutes, which pertains to ad valorem tax exemptions for disabled veterans and their surviving spouses. The key change involves the transfer of tax exemptions for surviving spouses who sell their homestead. Specifically, the bill allows these spouses to transfer an exemption not to exceed 120 percent of the amount granted from the most recent ad valorem tax roll to a new residence, provided it is used as their primary residence and they do not remarry. This provision applies to both surviving spouses of veterans who died from service-connected causes and those of first responders who died in the line of duty.

The bill also clarifies that the tax exemption continues as long as the surviving spouse holds legal or beneficial title to the homestead and permanently resides there. The effective date for this act is set for July 1, 2026. Overall, the amendments aim to provide greater financial support and flexibility for surviving spouses of veterans and first responders in managing their property taxes.