Senate Bill sb1068

    Florida Senate - 2006                                  SB 1068

    By Senator Geller





    31-812B-06

  1                      A bill to be entitled

  2         An act relating to the assessment of homestead

  3         property; amending s. 193.155, F.S.; providing

  4         that certain changes made to homestead property

  5         for purposes of disaster preparedness do not

  6         increase the assessed value of the property;

  7         providing an effective date.

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  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Paragraph (a) of subsection (4) of section

12  193.155, Florida Statutes, is amended to read:

13         193.155  Homestead assessments.--Homestead property

14  shall be assessed at just value as of January 1, 1994.

15  Property receiving the homestead exemption after January 1,

16  1994, shall be assessed at just value as of January 1 of the

17  year in which the property receives the exemption.

18         (4)(a)  Changes, additions, or improvements to

19  homestead property, except the addition of storm shutters,

20  impact-resistant glazing, hurricane clips and straps, or

21  generators for purposes of disaster preparedness, shall be

22  assessed at just value as of the first January 1 after the

23  changes, additions, or improvements are substantially

24  completed. The addition of storm shutters, impact-resistant

25  glazing, hurricane clips and straps, or generators for

26  purposes of disaster preparedness shall not increase the

27  assessed value of homestead property.

28         Section 2.  This act shall take effect January 1, 2006.

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    Florida Senate - 2006                                  SB 1068
    31-812B-06




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 2                          SENATE SUMMARY

 3    Provides that certain changes made to homestead property
      for purposes of disaster preparedness do not increase the
 4    assessed value of the property.

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