Florida DOR Proposes Rule Changes on Taxation of In-State Mortgages

The Florida Department of Revenue (DOR) proposed changes to rules regarding taxable documents, specifically focusing on in-state notes secured by Florida mortgages. The changes clarify tax calculations for notes secured by multi-state mortgages and those secured solely by Florida mortgages, with different provisions for notes up to $700,000 and those exceeding that amount. [Fla. Dep’t of Revenue, Proposed Regs. Sections 12B-4.001 et al., 11/20/25 Fla. Admin. Reg.]