Transfer of Homestead Property by Inheritance

HB 795 clarifies that specific inheritance transfers of homestead property do not count as a "change of ownership" for property tax assessment purposes in Florida. It directly affects homeowners who inherit homestead property under defined circumstances, such as transfers to surviving spouses, dependent family members, or when joint tenants with rights of survivorship inherit. The bill amends Florida Statute 193.155 to explicitly exclude these inheritance scenarios from triggering reassessment under homestead exemption rules. This ensures the property retains its existing tax assessment level without requiring a new homestead application. The provision takes effect upon approval of a related constitutional amendment.