Florida League of Cities

Ad Valorem Tax Exemption for Nonprofit Homes for the Aged (Monitor) 

SB 220 (Wright) and HB 689 (Smith) expand the current ad valorem tax exemption for not-for-profit homes for the aged. The bills will allow a home for the aged owned by a separate entity that is owned by a not-for-profit corporation to also receive the exemption. (Chapman)