Florida League of Cities

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

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)