Florida legislation · 2026 Regular Session
Florida S282: Limitation on the Assessed Value of Property Owned and Used for Commercial Purposes by Small Businesses
Status: Failed, March 13, 2026
Proposing amendments to the State Constitution to limit the assessed value of real property owned and used for commercial purposes by a small business for ad valorem taxation purposes so that such assessed value may not exceed 3 percent or the percentage change in the Consumer Price Index, whichever is lower, and to provide an effective date, etc.
What the bill says
A joint resolution proposing an amendment to Section of Article VII and the creation of a new section in Article XII of the State Constitution to limit the assessed value of real property owned and used for commercial purposes by a small business for ad valorem taxation purposes so that such assessed value may not exceed 3 percent or the percentage change in the Consumer Price Index, whichever is lower, and to provide an effective date.
From the introduced text, October 23, 2025:
A joint resolution proposing an amendment to Section of Article VII and the creation of a new section in Article XII of the State Constitution to limit the assessed value of real property owned and used for commercial purposes by a small business for ad valorem taxation purposes so that such assessed value may not exceed 3 percent or the percentage change in the Consumer Price Index, whichever is lower, and to provide an effective date. Be It Resolved by the Legislature of the State of Florida: That the following amendment to Section 4 of Article VII and the creation of a new section of Article XII of the State Constitution are agreed to and shall be submitted to the electors of this state for approval or rejection at the next general election or at an earlier special election specifically authorized by law for that purpose: ARTICLE VII FINANCE AND TAXATION SECTION 4. Taxation; assessments.--By general law regulations shall be prescribed which shall secure a just valuation of all property for ad valorem taxation, provided: (a) Agricultural land, land producing high water recharge to Florida's aquifers, or land used exclusively for noncommercial recreational purposes may be classified by general law and assessed solely on the basis of character or use. (b) As provided by general law and subject to conditions, …
Sponsors
- Bernard, Mack (D, SD-024) · primary sponsor
- Tuck, Kaylee (R, HD-083) · primary sponsor
Latest actions
- : Died in Finance and Tax
- : Introduced
- : Referred to Finance and Tax; Appropriations; Rules
- : Filed
Subjects: Appropriations, Rules, Finance and Tax, Finance and Tax, Rules, Appropriations
Common questions
- What is S282?
- S282 is a bill in the Florida Legislature (2026 Regular Session): Limitation on the Assessed Value of Property Owned and Used for Commercial Purposes by Small Businesses.
- What does S282 do?
- In its own words: A joint resolution proposing an amendment to Section of Article VII and the creation of a new section in Article XII of the State Constitution to limit the assessed value of real property owned and used for commercial purposes by a small business for ad valorem taxation purposes so that such assessed value may not exceed 3 percent or the percentage change in the Consumer Price Index, whichever is lower, and to provide an effective date.
- What is the status of S282?
- Failed as of March 13, 2026. Latest action: Died in Finance and Tax (March 13, 2026).
- Who sponsored S282?
- Bernard, Mack (D, SD-024), with 1 co-sponsor.
- Where is the official record for S282?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/282
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.