New Groups To Benefit From Homestead Exemptions

TALLAHASSEE (CBSMiami/NSF) — Senior citizens and surviving spouses of military and emergency personnel would become that latest groups to benefit from additional homestead exemptions under a pair of House resolutions that passed the House Finance and Tax Committee on Tuesday.

Following sometimes emotional debate, the panel approved HJR 93, which would allow widows and widowers of military personnel and emergency first responders to obtain and additional exemption on $25,000 of assessed property value for non-school related ad valorem taxes.

HJR 55 would permit counties and municipalities to limit, for homestead property qualifying for the low-income senior exe ad valorem tax assessments for their respective levies to the previous year’s assessed value.

Both bills passed unanimously.

“The News Service of Florida contributed to this report.”

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