Changes to Property Tax Deferrals and Tax Certificates

The Frame

What this does

Homeowners with properties valued over $1 million will no longer be eligible for homestead tax deferrals, and property owners with delinquent taxes under $500 will have their s issued to the county rather than sold at public auction.

Who is mentioned in the record

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

Homeowners with property valued over $1 million

These individuals lose eligibility for the homestead tax deferral program.

Property owners with delinquent taxes between $250 and $500

Their tax certificates will now be issued to the county rather than being sold at public or electronic auction.

What changed

Last recorded activity March 13, 2026.

What's next

Introduced.

Summary

This bill limits property tax deferrals to homes valued at $1 million or less and increases the minimum tax debt required for a to be sold at auction from $250 to $500.

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.

Frequently Asked Questions

If my home is worth more than $1 million, can I still defer my property taxes?

No, under this bill, the homestead tax deferral is limited to properties with a of $1 million or less.

What happens if I owe less than $500 in delinquent property taxes?

Your will not be sold at public auction; instead, it will be issued to the county at the maximum allowed interest rate.

Why It Matters

Homeowners with properties valued over $1 million will no longer be eligible for homestead tax deferrals, and property owners with delinquent taxes under $500 will have their s issued to the county rather than sold at public auction.