SB 488: Affordable Property Ad Valorem Tax Exemption for Leased Land

GENERAL BILL by DiCeglie

Affordable Property Ad Valorem Tax Exemption for Leased Land; Authorizing certain leased land to qualify for a specified ad valorem tax exemption, etc.

Current Bill Version Posted: 2/4/2025 04:58 PM

• Senate Committee References (3)

  1. Community Affairs (CA)
  2. Finance and Tax (FT)
  3. Appropriations (AP)

• Related Bills (2)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 411 (c1) by Ways & Means Committee Affordable Property Ad Valorem Tax Exemption on Leased Land Last Action: 6/16/2025 S Died in Rules	Similar
  H 7033 (e1) by Budget Committee Taxation Last Action: 6/16/2025 S Died in Appropriations	Compare

• Citations - Statute (1)

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  196.1978

  Affordable housing property exemption.

  Page 1 [pdf]

• Bill History

  S = Senate, H = House

  2/4/2025	S	• Filed
  2/20/2025	S	• Referred to Community Affairs; Finance and Tax; Appropriations
  3/4/2025	S	• Introduced
  5/3/2025	S	• Indefinitely postponed and withdrawn from consideration
  6/16/2025	S	• Died in Community Affairs