Florida Proposed Rules
| Workshop Information: | April 17, 2025 |
| Draft Rule Language: | April 17, 2025 |
| Notice of Rule Development: | April 3, 2025 (Vol. 51, No. 65) |
Purpose:
The purpose of the amendments to Rule 12D-16.002, F.A.C., is to implement law changes enacted in 2024 and amendments to other forms. The draft rule amendments
incorporate by reference, amendments to forms.
Amend Form DR-420FC, Distribution to Fiscally Constrained Counties Application, to capture the reduction in ad valorem taxes from implementation of
Section 196.031(1), F.S., which adjusts the value of the additional homestead exemption for inflation based on an increase in the Consumer Price Index (CPI).
Also clarifies instructions for the form's completion as provided Section 218.136, F.S., as amended by Sections 1 and 2, Chapter 2024-261, L.O.F., and approved
by voters in the November 5, 2024, General Election.
Amend Form DR-490, Notice of Disapproval of Application for Property Tax Exemption or Classification by the County Property Appraiser. Adds information
that homestead exemption is subject to an annual adjustment for inflation.
Amend Form DR-501, Original Application for Homestead and Related Tax Exemptions. Adds information that the additional homestead exemption is adjusted
annually based on an increase to the CPI and clarifies information collected on the application.
Amend Form DR-501PGP, Application for Assessment Reduction for Living Quarters of Parents or Grandparents. Updates based on Department's review for
clarity and plain language.
Amend Form DR-504AFH, Ad Valorem Tax Exemption Application and Return for Multifamily Project and Affordable Housing Property. Reformat form for clarity.
Amend Forms DR-462, Application for Refund of Ad Valorem Taxes and DR-510, Cancellation or Correction of Tax Certificate. Provide instructions to
county tax collector offices to submit the form through the OASYS, Refunds and Certificate System (RACS).
