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Glossary of Legislative Terms

SB 488: Affordable Property Ad Valorem Tax Exemption for Leased Land

GENERAL BILL by DiCeglie

Affordable Property Ad Valorem Tax Exemption for Leased Land; Authorizing certain leased land to qualify for a specified ad valorem tax exemption, etc.

Effective Date: 7/1/2025
 Last Action: 3/4/2025 Senate - Introduced
Bill Text: Web Page | PDF
Senate Committee References:
  1. Community Affairs (CA)
  2. Finance and Tax (FT)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/4/2025 Senate • Filed
    2/20/2025 Senate • Referred to Community Affairs; Finance and Tax; Appropriations
    3/4/2025 Senate • Introduced

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  • SB 488, Original Filed Version (Current Bill Version) Posted 2/4/2025 at 4:58 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 411 (c1) Affordable Property Ad Valorem Tax Exemption on Leased Land Ways & Means Committee Similar Last Action: 4/11/2025 H Added to Commerce Committee agenda Track This Bill

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    196.1978 Affordable housing property exemption. Page 1 (pdf)

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