H0471 — Valuation of Timeshare Units

House Bill 471 was filed to specify the methodology for valuing certain timeshare units in tax appeals.

The bill establishes a valuation methodology for certain timeshare units in the context of tax appeals and declares that this methodology satisfies the constitutional requirement for just valuation. The specific valuation formula or methodology is referenced in the bill text but details are not provided in the legislative history summary.

Timeshare unit owners and timeshare associations subject to property tax appeals in Florida.

As of March 8, 2024, the bill passed third reading in the House and was pending Senate consideration; no effective date has been enacted.