Florida legislation · 2026 Regular Session
Florida S550: Prohibition on Levying Ad Valorem Taxes on Tangible Personal Property
Status: Failed, March 13, 2026
Proposing amendments to the State Constitution to prohibit levying ad valorem taxes on tangible personal property by counties, school districts, and municipalities and to provide an effective date, etc.
What the bill says
A joint resolution proposing amendments to Sections 3, 4, and 9 of Article VII and creating a new section in Article XII of the State Constitution to prohibit levying ad valorem taxes on tangible personal property by counties, school districts, and municipalities and to provide an effective date.
From the introduced text, November 18, 2025:
A joint resolution proposing amendments to Sections 3, 4, and 9 of Article VII and creating a new section in Article XII of the State Constitution to prohibit levying ad valorem taxes on tangible personal property by counties, school districts, and municipalities and to provide an effective date. Be It Resolved by the Legislature of the State of Florida: That the following amendments to Sections 3, 4, and 9 of Article VII and the creation of a new section in 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 3. Taxes; exemptions.-- (a) All property owned by a municipality and used exclusively by it for municipal or public purposes shall be exempt from taxation. A municipality, owning property outside the municipality, may be required by general law to make payment to the taxing unit in which the property is located. Such portions of property as are used predominantly for educational, literary, scientific, religious or charitable purposes may be exempted by general law from taxation. (b) There shall be exempt from taxation [DELETED: , cumulatively, to] [DELETED: every head of a family residing …
Sponsors
- Bernard, Mack (D, SD-024) · primary sponsor
- Tuck, Kaylee (R, HD-083) · primary sponsor
- Yarborough, Clay (R, SD-004)
- Holcomb, Jeff (R, HD-053)
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 S550?
- S550 is a bill in the Florida Legislature (2026 Regular Session): Prohibition on Levying Ad Valorem Taxes on Tangible Personal Property.
- What does S550 do?
- In its own words: A joint resolution proposing amendments to Sections 3, 4, and 9 of Article VII and creating a new section in Article XII of the State Constitution to prohibit levying ad valorem taxes on tangible personal property by counties, school districts, and municipalities and to provide an effective date.
- What is the status of S550?
- Failed as of March 13, 2026. Latest action: Died in Finance and Tax (March 13, 2026).
- Who sponsored S550?
- Bernard, Mack (D, SD-024), with 3 co-sponsors.
- Where is the official record for S550?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/550
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.