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HomeMy WebLinkAboutReso 2025-3811RESOLUTION NO. 2025 - ?S A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, EXPRESSING SUPPORT FOR FLORIDA SENATE BILL 1018, RELATING TO HOMESTEAD EXEMPTIONS; DIRECTING THE CITY CLERK TO TRANSMIT COPIES OF THIS RESOLUTION; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO EFFECTUATE THE TERMS OF THIS RESOLUTION; PROVIDING FOR WHEREAS, the Florida State Senator Blaise Ingoglia introduced Senate Bill 1018 (SB 1018), which proposes an increase in the homestead tax exemption amount for all levies except assessments for special benefits; and WHEREAS, SB 1018 seeks to provide financial relief to homeowners by increasing the exemption from the assessed valuation of $25,000 to $75,000 for eligible property owners, excluding school district levies; and WHEREAS, the City Commission of the City of Sunny Isles Beach (the "City") recognizes the importance of this proposed legislation in providing meaningful tax relief to residents; and WHEREAS, SB 1018 aligns with the City's commitment to supporting policies that enhance affordability and economic stability for its residents; and WHEREAS, the City Commission finds it in the best interest of its residents to express its support for SB 1018 and encourage its passage by the Florida Legislature. NOW, THEREFORE, BE RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Express Support of Senate Bill 1018. The City Commission hereby expresses its support of Senate Bill 1018. Section 2. Direction to the City Clerk. The City Clerk is hereby directed to distribute copies of this Resolution to the Florida League of Cities, the President of the Florida Senate, the Speaker of Florida House of Representatives, the Governor of the State of Florida, Florida Senator Blaise Ingoglia. Section 3. Authorization of the City Manager. The City Manager is hereby authorized to do all things necessary to effectuate the terms of this Resolution. Section 4. Effective Date. This Resolution shall become effective upon adoption. @BCL@F80C919E.docx Page 1 of 2 PASSED AND ADOPTED this Larisa Svechin, Mayor ATTEST: APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Maurick Betancur, CMC, City Clerk Vain E. Boileau, P.A., for Nabors, Giblin & Nickerson, City Attorney Moved by:Seconded by: Vote: Mayor Svechin / "' (Yes) 74, (No) Vice Mayor Lama (Yes) (No) Commissioner Joseph (Yes) (No) Commissioner Stuyvesant (Yes) (No) Commissioner Viscarra o7(Yes) (No) @BCL@F80C919E.docx Page 2 of 2 Florida Senate - 2025 SB 1018 By Senator Ingoglia 11-01515-25 20251018 1 A bill to be entitled 2 An act relating to homestead exemptions; amending s. 3 196.031, F.S.; increasing the homestead tax exemption 4 amount for all levies, except for assessments for 5 special benefits; deleting homestead tax exemptions 6 for all levies other than school district levies; 7 providing a contingent effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Subsection (1) of section 196.031, Florida 12 Statutes, as amended by chapter 2024-261, Laws of Florida, is 13 amended to read: 14 196.031 Exemption of homesteads. - 15 (1)(a) A person who, on January 1, has the legal title or 16 beneficial title in equity to real property in this state and 17 who in good faith makes the property his or her permanent 18 residence or the permanent residence of another or others 19 legally or naturally dependent upon him or her, is entitled to 20 an exemption from all taxation, except for assessments for 21 special benefits, up to the assessed valuation of $75,000 22 c`'� on the residence and contiguous real property, as 23 defined in s. 6, Art. VII of the State Constitution. Such title 24 may be held by the entireties, jointly, or in common with 25 others, and the exemption may be apportioned among such of the 26 owners as reside thereon, as their respective interests appear. 27 If only one of the owners of an estate held by the entireties or 28 held jointly with the right of survivorship resides on the 29 property, that owner is allowed an exemption of up to the Page 1 of 3 CODING: Words strieken are deletions; words underlined are additions. 172 Florida Senate - 2025 SB 1018 11-01515-25 20251018 30 assessed valuation of $75,000 c''� on the residence and 31 contiguous real property. However, an exemption of more than 32 $75,000 C7�v is not allowed to any one person or on any one 33 dwelling house, except that an exemption up to the assessed 34 valuation of $75,000 $2F��P may be allowed on each apartment or 35 mobile home occupied by a tenant -stockholder or member of a 36 cooperative corporation and on each condominium parcel occupied 37 by its owner. Except for owners of an estate held by the 38 entireties or held jointly with the right of survivorship, the 39 amount of the exemption may not exceed the proportionate 40 assessed valuation of all owners who reside on the property. 41 Before such exemption may be granted, the deed or instrument 42 shall be recorded in the official records of the county in which 43 the property is located. The property appraiser may request the 44 applicant to provide additional ownership documents to establish 45 title. 46 )— fres to r-eee- = - the ---'"_ en 47 48 e f�ip te $25,090 en the assessed valuatien greater than $50,004 49 ferall levies ether than seheel dtriet levies. The $75,000 50 C7�v value of the additional exemption provided in this 51 subsection shall be adjusted annually on January 1 of 52 each year for inflation using the percentage change in the 53 Consumer Price Index for All Urban Consumers, U.S. City Average, 54 all items 1967=100, or successor reports for the preceding 55 calendar year as initially reported by the United States 56 Department of Labor, Bureau of Labor Statistics, if such percent 57 change is positive. 58 (8) Unless the homestead property is totally exempt from ad Page 2 of 3 CODING: Wordssti=ieken are deletions; words underlined are additions. 173 Florida Senate - 2025 SB 1018 11-01515-25 20251018_ 59 valorem taxation, the exemption eHe provided in 60 subsection (1) shall be applied before 61 other homestead exemptions, which shall then be applied in the 62 order that results in the lowest taxable value. 63 Section 2. This act shall take effect on the effective date 64 of the amendment to the State Constitution proposed by SJR 1016 65 or a similar joint resolution having substantially the same 66 specified intent and purpose, if such amendment to the State 67 Constitution is approved at the next general election or at an 68 earlier special election specifically authorized by law for that 69 purpose. Page 3 of 3 CODING: Words _gin are deletions; words underlined are additions. 174 F9' O *tic a �rTt of sUK City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 (305) 947-0606 City Hall (305) 949-3113 Fax MEMORANDUM TO: Honorable Mayor and City Commissioners FROM: Fabiola Stuyvesant, Commissioner DATE: March 20, 2025 RE: Supporting Senate Bill 1018 - Increasing Homestead Exemption. RECOMMENDATION: This Resolution is presented for your consideration. REASONS: Florida Senator Blaise Ingoglia introduced Senate Bill 1018, which increases the homestead tax exemption from $25,000 to $75,000 for eligible property owners, excluding school district levies. This bill aims to provide financial relief to homeowners by reducing property tax burdens, promoting housing affordability, and ensuring economic stability for Florida residents. ATTACHMENTS: Resolution Senate Bill 1018 Item Number: 9.J 169