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SB 488 Florida Senate · 2025 Regular Session

Affordable Property Ad Valorem Tax Exemption for Leased Land

Summary
Affordable Property Ad Valorem Tax Exemption for Leased Land; Authorizing certain leased land to qualify for a specified ad valorem tax exemption, etc.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAuthorizes a property tax exemption for affordable leased land, which provides tax relief and likely benefits middle/lower income individuals.88% confidence ✓ HousingSupports HousingThe bill grants an ad valorem tax exemption for 'Affordable Property,' which would likely reduce costs and support the availability of affordable housing.95% confidence
Bill status died 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 4, 2025 Last action Jun 16, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Mar 4, 2025
Introduced
Introduced
upper
Feb 20, 2025
Committee
Referred to Community Affairs; Finance and Tax; Appropriations
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Nick DiCeglie
Nick DiCeglie
RRepublican
FL
18