Spring 2026 FCIAAO Newsletter

LEGISLATIVE UPDATE

Continued

Bill: HJR 211 – Accrued Save ‑ Our ‑ Homes Benefit Key Concept - Increases the maximum transferable Save-Our-Homes benefit to a new homestead. Impact - Greater portability when homeowners move. Encourages mobility among long-time homeowners. Status - Like many of the 2026 property tax constitutional amendments it is active but has not passed either chamber. Bill: HJR 209 – Property Insurance Relief Homestead Exemption Key Concept - Adds $200,000 additional exemption for homesteads with property insurance. Impact - Designed as relief tied to Florida’s insurance crisis. Could significantly lower taxable value on insured properties. Status - Has advanced past early committee hurdles in the House and is positioned for floor debate, but it has not yet been passed by the full Legislature and therefore is not yet assured to go to the November2026 ballot. Bill: SB 276 – Homestead Property Tax Benefits for Long ‑ Term Owners Key Concept - Allows long-term homestead properties to be assessed below just value after extended ownership. Impact - Additional protections for long-term residents and Could further widen the gap between

market value and assessed value. Status - Still in committee review. Bottom Line:

The 2026 session may represent the largest potential shift in Florida’s property tax system since Save-Our-Homes (1992). Many proposals would require constitutional amendments and voter approval in November 2026, with potential implementation beginning January 1, 2027.

20

STAYING APPRAISED

SPRING 2026