TALLAHASSEE, Fla. – One Florida lawmaker is looking for an modification to the state’s structure that might permit the legislature to resolve on freezing in place property taxes in the case of houses which can be “hardened” towards pure disasters.
What it does: A joint decision, SJR 1190, proposes an modification to the structure to restrict property tax assortment on homestead property by excluding flood mitigation enhancements from assessed worth calculations.
The sponsor: Republican Sen. Blaise Ingoglia.
What they’re saying: Ingolia mentioned he hopes to “incentivize resiliency by freezing present property taxes for 20 years for many who elevate and harden their houses.”
- He famous if owners harden and lift their house, it will get reassessed with “a lot increased” property taxes, and most houses broken in storms are older houses that are constructed at sea stage at outdated wind code requirements.
- Ingolia believes the federal government shouldn’t be the “beneficiary” of house hardening, quite owners and premium payers ought to.
Subsequent steps: The HJR has but to be assigned to a committee cease.
If accredited, it could take impact Jan. 1, 2027 if supported by no less than 60% of state voters.
