Additional Homestead Exemption Up To $50,000 for Persons 65 and Older Whose Household Income Does Not Exceed $20,000 Per Year
Property Tax Oversight Program
RULE NO.:RULE TITLE:
12D-7.0143Additional Homestead Exemption Up To $50,000 for Persons 65 and Older Whose Household Income Does Not Exceed $20,000 Per Year
NOTICE OF CHANGE
Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 39, No. 187, September 25, 2013 issue of the Florida Administrative Register.
The original proposed rule was revised by a Notice of Change published in the F.A.R. on March 27, 2014. Public comment and previous versions of this proposed rule are available at http://dor.myflorida.com/dor/property/legislation/rules/pdf/12d70143.pdf. When presented to the Governor and Cabinet for final adoption of, and approval to file and certify with, the Department of State under Chapter 120, F.S., the additional proposed change to subsection (4) of this rule, as previously revised on March 27, 2014, will read as follows:
(4) When determining if the taxpayer has been a permanent resident of the property for 25 years or more, the taxpayer must have resided on the property for 25 consecutive years to qualify for the additional homestead exemption.
(a) The property appraiser must consider that the residency requirement is met if the taxpayer has qualified and been receiving the homestead exemption on the property for 25 years or more.
(b) If the taxpayer has not received the homestead exemption on the property for 25 years or more, but maintained permanent residency on the property, the property appraiser must look at other evidence, including but not limited to, evidence described in Section 196.015, F.S., to determine if the taxpayer has maintained their permanent residence on the property for the required period.
(c) The taxpayer did not have to receive or qualify for the homestead exemption on the property during the entire period as long as they maintained it as their permanent residence.
(d) If the taxpayer was not the owner of the property but maintained permanent residency on the property for at least 25 years and currently has legal and equitable title, the taxpayer qualifies for the additional homestead exemption.
