Assessment of Homestead Property

Added definitions for 'Elevation,' 'elevated,' 'elevate,' 'Elevation certificate,' and 'Previous flood event' to clarify what qualifies for special assessment treatment.

Property appraisers are now authorized to require property owners to provide evidence such as elevation certificates or building permits to verify eligibility for the new assessment provisions.

Added compliance requirements stating that elevated homestead property must meet FEMA National Flood Insurance Program building requirements and Florida Building Code elevation standards.

The new elevation assessment provisions will only apply to properties where elevation work commenced on or after January 1, 2027, and the law takes effect contingent on a constitutional amendment approval.

Modified assessment calculations for damaged and improved homestead property, changing the square footage threshold from 2,000 to 1,500 square feet in certain circumstances.

Added specific rules about how to calculate square footage for elevated structures, including provisions for parking/storage areas underneath elevated homes.