Assembly Bill 584 proposes a property tax exemption for prefabricated recreational structures that are designed to be towed by a motor vehicle and primarily used for temporary living quarters in licensed campgrounds. The bill specifies that these structures, which may include accessory decks, sheds, and porches, must be situated on land not owned by the structure's owner to qualify for the exemption. Additionally, the bill amends existing statutes to include provisions for the Department of Administration to compensate taxing jurisdictions for the loss of property tax revenue resulting from this exemption.

Key amendments include the creation of a new statute, 70.11 (49), which defines the qualifying prefabricated structures, and the establishment of new reporting and payment requirements for municipalities and the Department of Administration regarding property taxes levied on these structures. The bill also modifies existing statutes to ensure that the property tax assessments for these structures will be effective starting January 1, 2026, and outlines the process for distributing compensation to taxing jurisdictions affected by the exemption.

Statutes affected:
Bill Text: 66.0435(3)(c)1.(intro.), 66.0435, 70.17(3), 70.17, 79.0965(title), 79.0965, 79.0965(3)