TALLAHASSEE, Fla. – Lawmakers in Florida are considering a new piece of legislation that could offer tax relief to residents of mobile home parks.
The measure, known as HB 7031E, emerged during the most recent special legislative session and has seen several amendments since its initial filing.
As of Tuesday, the bill outlines specific criteria for mobile home park assessments. Specifically, it targets properties that adhere to the following condition:
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Seventy-five percent or more of the mobile home lots must have written rental agreements that last at least one year.
For parks that meet these qualifications, any increases in their assessed value will be limited to a maximum of 3% annually, based on the most recent year’s value assessment.
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Furthermore, the assessed value can’t be higher than the market value under this bill.
That said, the bill doesn’t directly cut residents’ taxes.
But by capping how fast the park’s taxable value can rise, it could slow increases in the property-tax amounts landlords pass through to tenants under long-term leases.
“It is declared to be the intent of the Legislature that this section implements (the new rules) for purposes of providing ad valorem relief to residents of mobile home parks,” the bill reads.
To get these perks, mobile home park owners must apply to the county property appraiser by March 1, proving that they meet the qualifications to do so.
These rules are set to kick off on Jan. 1, 2027, if the bill gets approved during this session.
