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HJR 1025

Assessed Value Freeze of Homestead Property

2025 Regular Session Introduced by David Borrero

Proposes freezing homestead property assessed values to limit tax increases, but died in committee after being indefinitely postponed.

Died in Ways & Means Committee
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Bill Summary · HJR 1025

Legislative bill overview

HJR 1025 proposes a constitutional amendment to freeze the assessed value of homestead properties in Florida, preventing increases in property tax assessments on primary residences. The bill would require voter approval through a statewide referendum to implement this freeze mechanism.

Why is this important

Property tax assessments directly affect homeowner tax bills and local government revenue. A freeze on assessed values would limit homeowner tax increases but would also reduce funding for schools, counties, and municipalities that rely on property tax revenue. This creates a fundamental tradeoff between individual homeowner relief and public service funding.

Potential points of contention

  • Revenue impact: Local governments, schools, and services depend on property tax growth to fund operations and meet rising costs; a freeze could create budget shortfalls
  • Equity concerns: Identical neighboring homes could have vastly different tax bills based on when they were last purchased, creating fairness questions
  • Implementation complexity: Determining which properties qualify as "homestead" and managing the frozen value system across Florida's 67 counties presents administrative challenges

Compiled from official sources — confirm details with the bill’s official record.

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