HB0069 • 2026

Assessment of Homestead Property

Elections Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Holcomb
Last action: 2025-10-31
Official status: House - Withdrawn prior to introduction
Effective date: This act s

Plain English Breakdown

The official metadata lists conflicting statuses: 'Passed Legislature' versus 'House - Withdrawn prior to introduction.' The text reflects both possibilities as uncertainties.

HB0069: Changing Homestead Property Tax Limits

This bill proposes to increase the maximum yearly rise in assessed value for homestead property from one and a half percent to three percent, but it only takes effect if voters approve a related state constitution amendment.

What This Bill Does

Amends Florida Statute section 193.155 regarding the assessment of homestead property.
Increases the maximum yearly rise in assessed value from one and one-half percent to three percent.
Keeps the rule that limits increases based on whichever is lower: the new percentage cap or the Consumer Price Index change.

Who It Names or Affects

Homeowners with a homestead exemption whose property assessment increase would be subject to these caps.

Terms To Know

Homestead Property: Property that receives the homestead exemption under Florida law.
Assessed Value: The value assigned to a property for tax purposes, which this bill limits how much it can increase each year.
Consumer Price Index (CPI): A measure of inflation used as one limit on the yearly increase in assessed value.

Limits and Unknowns

The bill only takes effect if voters approve HJR 67 or a similar constitutional amendment at an election.
The official status shows this bill was withdrawn by the House prior to introduction, meaning it may not become law.

Bill History

2025-10-31 House
• Withdrawn prior to introduction
2025-10-07 House
• Referred to Select Committee on Property Taxes • Referred to State Affairs Committee • Referred to Ways & Means Committee • Now in Select Committee on Property Taxes
2025-09-30 House
• Filed

Official Summary Text

Assessment of Homestead Property; Reducing maximum increase in assessed value authorized for homestead property.

Current Bill Text

Read the full stored bill text

HB 69 2026

CODING: Words stricken are deletions; words underlined are additions.
hb69-00
Page 1 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to assessment of homestead property; 2
amending s. 193.155, F.S.; reducing the maximum 3
increase in assessed value authorized for homestead 4
property; providing a contingent effective date. 5
6
Be It Enacted by the Legislature of the State of Florida: 7
8
Section 1. Subsection (1) of section 193.155, Florida 9
Statutes, is amended to read: 10
193.155 Homestead assessments.—Homestead property shall be 11
assessed at just value as of January 1, 1994. Property receiving 12
the homestead exemption after January 1, 1994, shall be assessed 13
at just value as of January 1 of the year in which the property 14
receives the exemption unless the provisions of subsection (8) 15
apply. 16
(1) Beginning in 1995, or the year following the year the 17
property receives homestead exemption, whichever is later, the 18
property shall be reassessed annually on January 1. Any change 19
resulting from such reassessment shall not exceed the lower of 20
the following: 21
(a) One and one-half Three percent of the assessed value 22
of the property for the prior year; or 23
(b) The percentage change in the Consumer Price Index for 24
All Urban Consumers, U.S. City Average, all items 1967=100, or 25

HB 69 2026

CODING: Words stricken are deletions; words underlined are additions.
hb69-00
Page 2 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

successor reports for the preceding calendar year as initially 26
reported by the United States Department of Labor, Bureau of 27
Labor Statistics. 28
Section 2. This act shall take effect on the effective 29
date of the amendment to the State Constitution proposed by HJR 30
67 or a similar joint resolution having substantially the same 31
specified intent and purpose, if such amendment to the State 32
Constitution is approved at the next general election or at an 33
earlier special election specifically authorized by law for that 34
purpose. 35