HB 0537

1
A bill to be entitled
2An act relating to homestead assessments; providing an
3exception to requirements to assess certain homestead
4property at just value under certain circumstances;
5providing limitations; providing an effective date.
6
7Be It Enacted by the Legislature of the State of Florida:
8
9     Section 1.  Notwithstanding the provisions of s.
10193.155(4), Florida Statutes, changes, additions, or
11improvements to homestead property damaged in one or more of the
12named storms of 2004 shall not be considered as changes,
13additions, or improvements to homestead property subject to
14assessment at just value as provided in s. 193.155(4)(a),
15Florida Statutes, unless the square footage of such homestead
16property is increased by 10 percent or more or repairs to such
17property are incomplete 24 months after the date of damage from
18such storms.
19     Section 2.  This act shall take effect July 1, 2005.


CODING: Words stricken are deletions; words underlined are additions.