Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 739 lowers the interest rate applied to deferred or abated ad valorem taxes on homestead properties to the lesser of the five-year Constant Maturity Treasury Rate or five percent annually. It applies retroactively to interest accrued before September 1, 2025, on unpaid taxes and to interest accruing thereafter.
Author (1)