Florida legislation · 2026 Regular Session
Florida S1608: Assessment of Property with Decreasing Just Valuation
Status: Failed, March 13, 2026
Prohibiting increases in certain assessed valuations if the just value of the property has decreased since the previous assessment, etc.
What the bill says
An act relating to the assessment of property with decreasing just valuation; amending ss. 193.155, 193.1554, and 193.1555, F.S.; prohibiting increases in certain assessed valuations if the just value of the property has decreased since the previous assessment; providing a contingent effective date.
From the introduced text, January 9, 2026:
A bill to be entitled An act relating to the assessment of property with decreasing just valuation; amending ss. 193.155, 193.1554, and 193.1555, F.S.; prohibiting increases in certain assessed valuations if the just value of the property has decreased since the previous assessment; providing a contingent effective date. Be It Enacted by the Legislature of the State of Florida: Section 1.âSubsection (1) of section 193.155, Florida Statutes, is amended, and subsection (4) of that section is republished, to read: 193.155âHomestead assessments.âHomestead property shall be assessed at just value as of January 1, 1994. Property receiving the homestead exemption after January 1, 1994, shall be assessed at just value as of January 1 of the year in which the property receives the exemption unless the provisions of subsection (8) apply. (1)(a)âExcept as provided in paragraph (b) and subsection (4), beginning in 1995, or the year following the year the property receives homestead exemption, whichever is later, the property shall be reassessed annually on January 1. Any change resulting from such reassessment shall not exceed the lower of the following: 1. [DELETED: (a)] âThree percent of the assessed value of the property for the prior year; or 2. [DELETED: (b)] âThe percentage change in the Consumer Price Index for All Urban Consumers, U.S. City Average, all items 1967=100, or successor reports for …
Sponsors
- Polsky, Tina (D, SD-030) · primary sponsor
Latest actions
- : Died in Finance and Tax
- : Introduced
- : Referred to Finance and Tax; Appropriations; Rules
- : Filed
Subjects: Finance and Tax, Rules, Appropriations
Common questions
- What is S1608?
- S1608 is a bill in the Florida Legislature (2026 Regular Session): Assessment of Property with Decreasing Just Valuation.
- What does S1608 do?
- In its own words: An act relating to the assessment of property with decreasing just valuation; amending ss. 193.155, 193.1554, and 193.1555, F.S.; prohibiting increases in certain assessed valuations if the just value of the property has decreased since the previous assessment; providing a contingent effective date.
- What is the status of S1608?
- Failed as of March 13, 2026. Latest action: Died in Finance and Tax (March 13, 2026).
- Who sponsored S1608?
- Polsky, Tina (D, SD-030).
- Where is the official record for S1608?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/1608
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.