Ad Valorem Tax Exemption for Nonprofit Homes for the Aged

Plain English Breakdown

The bill's status as 'Passed Legislature' contradicts its last action of dying in committee. This discrepancy needs clarification from official sources.

Tax Break for Nonprofit Senior Homes

This bill changes the rules to allow certain Florida limited partnerships that own nonprofit homes for the elderly to get tax breaks on their property.

What This Bill Does

• Changes the eligibility requirement for Florida limited partnerships to apply for ad valorem tax exemptions for nonprofit homes for the aged.
• Requires that a Florida limited partnership applying for this exemption must have a general partner who is either a non-profit corporation or wholly owned by such a corporation.
• Specifies that the non-profit corporation must be exempt from federal income taxes as an exempt charitable organization under section 501(c)(3) of the Internal Revenue Code.
• Makes these changes effective for the ad valorem tax roll starting in 2027.

Who It Names or Affects

• Nonprofit homes for the aged that are Florida limited partnerships with a general partner who is a non-profit corporation or wholly owned by one.
• Florida limited partnerships applying for property tax exemptions for nonprofit senior housing facilities.

Terms To Know

Ad Valorem Tax

A type of property tax based on the value of the property.

Nonprofit Homes for the Aged

Housing facilities that provide care and support to elderly residents, run by non-profit organizations.

Limits and Unknowns

• The bill only affects Florida limited partnerships with specific eligibility criteria.
• It does not specify what happens if a partnership does not meet the new requirements.
• The changes will take effect in January 2027, after the bill is passed.

Official Summary Text

Ad Valorem Tax Exemption for Nonprofit Homes for the Aged; Revises eligibility requirement for Florida limited partnerships applying for certain ad valorem tax exemption.

Current Bill Text

HB 1131 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1131-00
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 an ad valorem tax exemption for 2
nonprofit homes for the aged; amending s. 196.1975, 3
F.S.; revising an eligibility requirement for Florida 4
limited partnerships applying for ad valorem tax 5
exemptions for nonprofit homes for the aged; providing 6
applicability; providing an effective date. 7
8
Be It Enacted by the Legislature of the State of Florida: 9
10
Section 1. Subsection (1) of section 196.1975, Florida 11
Statutes, is amended to read: 12
196.1975 Exemption for property used by nonprofit homes 13
for the aged.—Nonprofit homes for the aged are exempt to the 14
extent that they meet the following criteria: 15
(1) The applicant must be a corporation not for profit 16
under pursuant to chapter 617 or a Florida limited partnership, 17
the sole general partner of which is either a corporation not 18
for profit under pursuant to chapter 617 or is wholly owned by a 19
corporation not for profit under chapter 617 and not licensed 20
under chapter 429, and the corporation not for profit must have 21
been exempt as of January 1 of the year for which exemption from 22
ad valorem property taxes is requested from federal income 23
taxation by having qualified as an exempt charitable 24
organization under the provisions of s. 501(c)(3) of the 25

HB 1131 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1131-00
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

Internal Revenue Code of 1954 or of the corresponding section of 26
a subsequently enacted federal revenue act. 27
Section 2. The amendments made by this act to s. 28
196.1975(1), Florida Statutes, first apply to the 2027 ad 29
valorem tax roll. 30
Section 3. This act shall take effect January 1, 2027. 31