Florida Senate Bill 282: Limitation on the Assessed Value of Property Owned and Used for Commercial Purposes by Small Businesses

Florida · 2026 Regular Session

What it does

Proposing amendments to the State Constitution to limit the assessed value of real property owned and used for commercial purposes by a small business for ad valorem taxation purposes so that such assessed value may not exceed 3 percent or the percentage change in the Consumer Price Index, whichever is lower, and to provide an effective date, etc.

Latest action

Died in Finance and Tax (2026-03-13)

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