State verification

Local Option Additional Exemption for Low-Income Seniors with Long-Term Residency

State: 

Year: 

Record ID: 
FL109_RR21
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Exemption
Benefit: 
The benefit is an exemption equal to the assessed value as determined in the first tax year that the owner applies. The exemption is for those taxes for the entities that have adopted this exemption. It does not apply to school district levies.
How is Benefit Disbursed: 
Exemption from assessed value
Eligible Property Type: 
Residential
Characteristics of Eligible Property: 
Only residential property is eligible for this program.
Eligibility Criteria: 
Age
Homeowner
Income Ceiling
Principal Residence
Property Value Limit
Other Criteria
Description of Eligibility Criteria: 
The applicant must be at least 65 years of age on 1st January of the year of application. In addition the household adjusted gross income cannot exceed $32,561 in 2021 to apply in 2022 and the just value of the property must be less than $250,000 in the initial year of the application. The applicant must have maintained permanent residency on the property for no less than 25 years.
Local Option Regarding Program Features: 
No local option regarding program features
Description of Local Option Regarding Adoption or Program Features : 
The ordinance must be adopted by a majority plus one.
State Funding for Local Tax Loss: 
Local government covers all of its tax loss
Description of State Funding for Tax Loss: 
State statutes do not provide for state funding for local tax loss.
Local Option in Adoption of Program : 
Local government must take action to opt in
Source State Statutes: 
Fla. Stat. § 196.075 (in effect for 2021)
Source Constitution: 
Fla. Const. Art. VII §6(d)
Source Publication: 
Florida Department of Revenue, Florida Property Tax Valuation and Income Limitation Rates
[http://floridarevenue.com/property/Documents/AdditionalHomesteadExemptions.pdf Accessed on 10/31/2022]
View Archived Source

Florida Department of Revenue, Adjusted Gross Household Income Sworn Statement and Return
[http://floridarevenue.com/property/Documents/dr501sc.pdf Accessed 10/31/2022]
View Archived Source

Florida Department of Revenue, Original Application for Homestead and Related Tax Exemptions
[http://floridarevenue.com/property/Documents/dr501.pdf Accessed 10/31/2022]
View Archived Source
Footnote: 
The ordinance requires a taxpayer claiming the exemption to annually submit a sworn statement of household income prior, on a form prescribed by the Department of Revenue, to the property appraiser not later than 1 March. The income limitation shall be adjusted annually on 1 January by the percentage change in the average cost-of-living index. The homeowner must have legal title or beneficial title in equity of the property, and they also must make a good faith effort to make the property their permanent residence. The homestead exemption does not extend to residents claiming permanent residence in other states. A homestead damaged by misfortune or calamity that is uninhabitable on 1 January may qualify for the exemption if (a) the homeowner is otherwise qualified for a homestead exemption and (b) the homeowner intends to rebuild or repair the property within 3 years. Failure to rebuild or repair within 3 years constitutes an abandonment of the property as a homestead.

Revision Type: 

Revision Notes: 

10/31/22 AMN completed
10/31/22 AMN verified
1/14/22 VO complete
1/27/21 cc no keep as two records as many counties have the low income but not the long-term residency
12/8/2020 cc created: consider combining the two local option records
4/3/19 LA verified
3/26/19 GM: updated description of benefit to include full exemption language
9/28/18 adjusted Description of Eligibility Criteria section
9/27/18 SAH updated income requirements for year 2018
9/27/18 SAH created record

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