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HB 1413FLORIDA · STATEWIDESession 2026dead

Proposed Property Tax Assessment Protections for Declining Values

Original title: Assessment of Property with Decreasing Just Valuation

March 13, 2026

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The Frame

What this does

If passed, this measure would limit tax assessment growth for property owners during periods of declining market values, potentially lowering tax burdens for homeowners and business owners when property values fall.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Homestead property owners

Their property tax assessments would be prohibited from increasing if the market value of their home has declined since the previous year.

Non-homestead residential property owners

Their property tax assessments would be prohibited from increasing if the market value of their property has declined since the previous year, excluding school district levies.

Non-residential real property owners

Their property tax assessments would be prohibited from increasing if the market value of their property has declined since the previous year, excluding school district levies.

What changed

Last recorded activity March 13, 2026.

What's next

Introduced.

Background

  • In Florida, property tax assessments are subject to constitutional caps, such as the 'Save Our Homes' amendment for homestead properties, which limits annual increases. context

Summary

This bill would prevent property tax assessments from increasing if the market value of the property has dropped since the previous year. It applies to homestead properties, non-homestead residential properties, and certain non-residential real properties.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

If passed, this measure would limit tax assessment growth for property owners during periods of declining market values, potentially lowering tax burdens for homeowners and business owners when property values fall.

Frequently Asked Questions

Does this bill automatically lower my property taxes?
No. It prevents your from increasing if the market value of your property has decreased, but it does not guarantee a tax reduction.
What happens if I improve my property after it was damaged?
The bill outlines specific rules where improvements to damaged property may be assessed at lower rates if they stay within certain square footage limits (e.g., 130% of original size for homesteads, 110% for others).

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Constitutional Contingency

The bill is explicitly contingent on a constitutional amendment, indicating the legislature recognized the change would likely violate current state constitutional assessment caps.

Connected Entities

Sources

Open source document

openstates.org

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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