SB0752 • 2026

Taxation of First-time Buyers

Taxes

Passed Legislature

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

Sponsor: DiCeglie
Last action: 2026-03-13
Official status: Senate - Died in Finance and Tax
Effective date: 2026-07-01

Plain English Breakdown

The bill did not pass the Finance and Tax committee in the Senate, so it is unlikely to become law. However, this information may change if further legislative action occurs.

Taxation of First-time Buyers

This bill removes documentary stamp taxes on deeds, transfers, or conveyances of residential property to first-time homebuyers and exempts certain documents executed by them in connection with the purchase of a principal residence.

What This Bill Does

Removes documentary stamp taxes for deeds, transfers, or conveyances of residential property given to first-time homebuyers.
Exempts certain documents executed by first-time homebuyers in connection with buying their principal residence from documentary stamp taxes.

Who It Names or Affects

First-time homebuyers purchasing residential property as their primary residence.

Terms To Know

first-time homebuyer: A person who has not held ownership interest in a principal residence during the 3-year period before the date of purchase and is considered moderate-income.
documentary stamp tax: A type of tax charged on certain documents related to real estate transactions.

Limits and Unknowns

The bill did not pass the Finance and Tax committee in the Senate, so it is unlikely to become law.
It only applies to first-time homebuyers who meet specific income criteria.

Bill History

2026-03-13 Senate
• Died in Finance and Tax
2026-01-13 Senate
• Introduced
2025-12-16 Senate
• Referred to Finance and Tax; Appropriations; Rules
2025-12-04 Senate
• Filed

Official Summary Text

Taxation of First-time Buyers; Specifying that documentary stamp taxes do not apply to deeds, transfers, or conveyances of residential property to first-time homebuyers; defining the term “first-time homebuyer”; specifying that documentary stamp taxes do not apply to certain documents executed by a first-time homebuyer in connection with the purchase of a principal residence, etc.

Current Bill Text

Read the full stored bill text

Florida Senate
-
2026

SB 752

By
Senator DiCeglie

18-00935-26 2026752__
1 A bill to be entitled
2 An act relating to the taxation of first-time buyers;
3 amending s. 201.02, F.S.; specifying that documentary
4 stamp taxes do not apply to deeds, transfers, or
5 conveyances of residential property to first-time
6 homebuyers; defining the term “first-time homebuyer”;
7 amending s. 201.08, F.S.; specifying that documentary
8 stamp taxes do not apply to certain documents executed
9 by a first-time homebuyer in connection with the
10 purchase of a principal residence; defining the term
11 “first-time homebuyer”; providing an effective date.
12
13 Be It Enacted by the Legislature of the State of Florida:
14
15 Section 1. Present subsections (9), (10), and (11) of
16 section 201.02, Florida Statutes, are redesignated as
17 subsections (10), (11), and (12), respectively, and a new
18 subsection (9) is added to that section, to read:
19 201.02 Tax on deeds and other instruments relating to real
20 property or interests in real property.—
21
(9) Taxes imposed by this section do not apply to a deed,

22
transfer, or conveyance that transfers or conveys residential

23
property to a first-time homebuyer for use as a principal

24
residence. For purposes of this subsection,
the term
“first-time

25
homebuyer” means a person who has
not held
ownership interest in

26
a principal residence during the 3-year period
before
the date

27
of
purchase
of the principal residence and who is a moderate

28
income person as defined in s. 420.602.

29 Section 2. Subsection (10) is added to section 201.08,
30 Florida Statutes, to read:
31 201.08 Tax on promissory or nonnegotiable notes, written
32 obligations to pay money, or assignments of wages or other
33 compensation; exception.—
34
(10) Taxes imposed by this section do not apply to

35
documents described in subsection (1) that are executed by
a

36
first-time homebuyer
in connection with the purchase of a

37
principal residence
. For purposes of this subsection,
the term

38
“first-time homebuyer” means a person who has
not held
ownership

39
interest in a principal residence during the 3-year period

40
before
the date of
purchase
of the principal residence and who

41
is a moderate-income person as defined in s. 420.602.

42 Section 3. This act shall take effect July 1, 2026.