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Bill

HB 1401

Residential Property Appraisal

2025 Regular Session Introduced by Monique Miller

HB 1401 sought to modify residential property appraisal standards in Florida but failed to advance past subcommittee consideration before being withdrawn in 2025.

Died in Insurance & Banking Subcommittee
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Bill Summary · HB 1401

Legislative bill overview

HB 1401 appears to address residential property appraisal practices in Florida, though specific provisions are not detailed in the available record. The bill was referred to multiple committees focused on insurance, banking, state administration, and commerce before being withdrawn and ultimately dying in subcommittee.

Why is this important

Property appraisals directly affect homeowners' property taxes, insurance costs, and refinancing eligibility. Legislative changes to appraisal standards or processes can significantly impact Florida residents' housing affordability and the state's property valuation system.

Potential points of contention

  • Appraisal accuracy vs. property tax impact: Any changes to appraisal methodology could either improve fairness or inadvertently shift tax burdens between residential properties
  • Insurance industry concerns: Appraisal reforms may affect how insurers assess risk and set premiums, creating tensions between consumer costs and insurer profitability
  • Implementation burden: Changes to appraisal standards require training, compliance infrastructure, and coordination across public and private sectors

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

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