CODING: Words stricken are deletions; words underlined are additions.

House Bill 3071

Florida House of Representatives - 1998 HJR 3071 By Representative Rodriguez-Chomat 1 House Joint Resolution 2 A joint resolution proposing an amendment to 3 Section 6 of Article VII of the State 4 Constitution relating to homestead exemption. 5 6 Be It Resolved by the Legislature of the State of Florida: 7 8 That the amendment to Section 6 of Article VII of the 9 State Constitution as set forth below is agreed to and shall 10 be submitted to the electors of Florida for approval or 11 rejection at the general election to be held in November 1998: 12 SECTION 6. Homestead exemptions.-- 13 (a) Every person who has the legal or equitable title 14 to real estate and maintains thereon the permanent residence 15 of the owner, or another legally or naturally dependent upon 16 the owner, shall be exempt from taxation thereon, except 17 assessments for special benefits, up to the assessed valuation 18 of five thousand dollars, upon establishment of right thereto 19 in the manner prescribed by law. The real estate may be held 20 by legal or equitable title, by the entireties, jointly, in 21 common, as a condominium, or indirectly by stock ownership or 22 membership representing the owner's or member's proprietary 23 interest in a corporation owning a fee or a leasehold 24 initially in excess of ninety-eight years. 25 (b) Not more than one exemption shall be allowed any 26 individual or family unit or with respect to any residential 27 unit. No exemption shall exceed the value of the real estate 28 assessable to the owner or, in case of ownership through stock 29 or membership in a corporation, the value of the proportion 30 which his interest in the corporation bears to the assessed 31 value of the property. 1 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1998 HJR 3071 552-140-98 1 (c) By general law and subject to conditions specified 2 therein, the exemption shall be increased to a total of 3 twenty-five thousand dollars of the assessed value of the real 4 estate for each school district levy. By general law and 5 subject to conditions specified therein, the exemption for all 6 other levies may be increased up to an amount not exceeding 7 ten thousand dollars of the assessed value of the real estate 8 if the owner has attained age sixty-five or is totally and 9 permanently disabled and if the owner is not entitled to the 10 exemption provided in subsection (d). 11 (d) By general law and subject to conditions specified 12 therein, the exemption shall be increased to a total of the 13 following amounts of assessed value of real estate for each 14 levy other than those of school districts: fifteen thousand 15 dollars with respect to 1980 assessments; twenty thousand 16 dollars with respect to 1981 assessments; twenty-five thousand 17 dollars with respect to assessments for 1982 and each year 18 thereafter. However, such increase shall not apply with 19 respect to any assessment roll until such roll is first 20 determined to be in compliance with the provisions of section 21 4 by a state agency designated by general law. This 22 subsection shall stand repealed on the effective date of any 23 amendment to section 4 which provides for the assessment of 24 homestead property at a specified percentage of its just 25 value. 26 (e) By general law and subject to conditions specified 27 therein, the Legislature may provide to renters, who are 28 permanent residents, ad valorem tax relief on all ad valorem 29 tax levies. Such ad valorem tax relief shall be in the form 30 and amount established by general law. 31 2 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1998 HJR 3071 552-140-98 1 (f) By general law and subject to conditions specified 2 therein, the exemption may be increased by an additional 3 amount not to exceed twenty-five thousand dollars of the 4 assessed value of the real estate for any person who is age 5 sixty-five or older. 6 BE IT FURTHER RESOLVED that in accordance with the 7 requirements of section 101.161, Florida Statutes, the 8 substance of the amendment proposed herein shall appear on the 9 ballot as follows: 10 PROVIDING ADDITIONAL HOMESTEAD EXEMPTION 11 FOR PERSONS AGE 65 OR OLDER 12 Proposing an amendment to Section 6 of Article VII of 13 the State Constitution to authorize the Legislature to provide 14 an additional homestead exemption of up to $25,000 to persons 15 age 65 or older. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 3