Bill proposes exempting flood-mitigating improvements to properties

Lazaro Aleman ECB Publishing, Inc.  A joint resolution of the Florida House and Senate that is making its way through the legislative committee process would establish an amendment creating certain new exemptions for a home’s assessed value. HJR 1039, titled Limitation on Assessment of Homestead Property, is sponsored by Republican Representative Kimberly Berfield of Clearwater. The measure seeks to exempt from property taxes those improvements made to a dwelling to mitigate its susceptibility to flood damage. “As a member representing a district that has many properties susceptible to flooding, I generally support policy changes designed to assist homeowners with efforts un