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 tax deferrals, stating that only properties with a just value of $1 million or less are eligible for the homestead tax exemption. Additionally, it requires that applicants for the tax deferral must provide a certificate of eligibility if they have waived their homestead tax exemption.

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 streamline the process and ensure that only more significant amounts of delinquent taxes are subject to public sale. The act is set to take effect on July 1, 2026.

Statutes affected:
H 957 Filed: 197.252