SB 272 — Homestead Exemption for Persons 65 and Older
Last action — Died in Finance and Tax
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced October 23, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Homestead Exemption for Persons 65 and Older; Expanding the homestead exemption for persons 65 years and older to include a total exemption of homestead property from ad valorem taxation, other than for school district levies, for certain persons whose household income does not exceed a certain amount; authorizing the Department of Revenue to adopt emergency rules, etc.
Bill Text
- Introduced S 272 Filed Current pdf
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill expands the homestead exemption for persons aged 65 and older to include a total exemption from ad valorem taxation for those with higher household income limits.
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Section 196.075
$20,000→ $350,000Increases the household income limit from $20,000 to $350,000 for eligibility for the homestead exemption.
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Section 196.075
the amount of the assessed value of the property→ a homestead exemption equal to the assessed value of the propertyChanges the wording to clarify that eligible homeowners can receive an exemption equal to the full assessed value of their property.
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Section 196.075
less than $250,000, as determined in the first tax year that the owner applies and is eligible for the exemption, and who has maintained thereon the permanent residence of the owner for at least 5→ less than $250,000, and who has maintained thereon the permanent residence of the owner for at least 25Extends the requirement for maintaining a permanent residence from 5 to 25 years to qualify for the exemption.
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Section 196.075
the income limitation prescribed in paragraph (a), as calculated in subsection (3)→ income limitation prescribed in paragraph (a)Removes the reference to the calculation method for the income limitation, likely to simplify application.
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Section 196.075
must must require by rule that the filing of the statement be supported→ shall require by rule that the filing of the statement be supportedClarifies the requirement for supporting documentation to file for the homestead exemption.
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Section 196.075
The taxpayer must notify the property appraiser by May 1 if his or her household income exceeds the most recent adjusted income limitation.→ The taxpayer must notify the property appraiser by May 1 if his or her household income exceeds the most recent adjusted income limitation, and the property appraiser may conduct random audits of the taxpayers’ sworn statements to ensure the accuracy of the household income reported.Increases the oversight capability of the property appraiser regarding income verification.
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Section 196.082
the exemption under s. 196.075 shall receive a discount from the amount of the ad valorem tax otherwise owed on homestead property that the veteran owns and resides in if:→ for the exemption under s. 196.075 shall receive a discount from the amount of the ad valorem tax otherwise owed on homestead property that the veteran owns and resides in if:Clarifies the eligibility criteria for the discount for disabled veterans.
Action History
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Died in Finance and Tax
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Introduced
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Referred to Finance and Tax; Appropriations; Rules
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Filed
Sponsors
- Mack Bernard · Primary
- Barbara Sharief · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 162 not signed on
Sponsors (1)
- Bernard, Mack Democrat
Co-sponsors (1)
- Sharief, Barbara Democrat
Not signed on (162)
162 members have not signed on to this bill.
Show all 162 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 272 do?
- Homestead Exemption for Persons 65 and Older; Expanding the homestead exemption for persons 65 years and older to include a total exemption of homestead property from ad valorem taxation, other than for school district levies, for certain persons whose household income does not exceed a certain amount; authorizing the Department of Revenue to adopt emergency rules, etc.
- Who sponsors SB 272?
- SB 272 is sponsored by Bernard, Mack (Democrat) and Sharief, Barbara (Democrat).
- What is the current status of SB 272?
- This bill has been introduced in the Senate. Introduced October 23, 2025. It must pass committee before a floor vote.
- Where can I track SB 272?
- Track SB 272 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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