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House Bill 0321

Florida House of Representatives - 1997 HJR 321 By Representative Burroughs 1 House Joint Resolution 2 A joint resolution proposing an amendment to 3 Section 4, Article X of the State Constitution, 4 relating to homestead exemptions. 5 6 Be It Resolved by the Legislature of the State of Florida: 7 8 That the following amendment to Section 4 of Article X 9 of the State Constitution is agreed to and shall be submitted 10 to the electors of this state for approval or rejection at the 11 next general election or at an earlier special election 12 specifically authorized by law for that purpose. 13 ARTICLE X 14 MISCELLANEOUS 15 SECTION 4. Homestead; exemptions.-- 16 (a) There shall be exempt from forced sale under 17 process of any court, and no judgment, decree or execution 18 shall be a lien thereon, except for the payment of taxes and 19 assessments thereon, obligations contracted for the purchase, 20 improvement or repair thereof, or obligations contracted for 21 house, field or other labor performed on the realty, the 22 following property owned by a natural person: 23 (1) a homestead, if located outside a municipality, to 24 the extent of one hundred sixty acres of contiguous land and 25 improvements thereon, which shall not be reduced without the 26 owner's consent by reason of subsequent inclusion in a 27 municipality; or if located within a municipality, to the 28 extent of one-half acre of contiguous land, upon which the 29 exemption shall be limited to the residence of the owner or 30 his family; 31 1 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HJR 321 554-148-97 1 (2) personal property to the value of one thousand 2 dollars. 3 (b) The exemption provided in paragraph (1) of 4 subsection (a) does not apply to a homestead the assessed 5 value of which exceeds two hundred fifty thousand dollars or a 6 greater amount prescribed by general law. However, the 7 proceeds from the forced sale of such a homestead must be 8 applied first to satisfy the payment of taxes and assessments 9 thereon; obligations contracted for the purchase, improvement, 10 or repair thereof; and obligations contracted for house, 11 field, or other labor performed on the realty. Only the 12 proceeds from the forced sale which exceed the sum of: 13 (1) Two hundred fifty thousand dollars or the greater 14 amount prescribed by general law, and 15 (2) The amount necessary to satisfy the above taxes, 16 assessments, and obligations 17 18 shall be applied to fulfill other judgments. 19 (c)(b) These exemptions shall inure to the surviving 20 spouse or heirs of the owner. 21 (d)(c) The homestead shall not be subject to devise if 22 the owner is survived by spouse or minor child, except the 23 homestead may be devised to the owner's spouse if there be no 24 minor child. The owner of homestead real estate, joined by 25 the spouse if married, may alienate the homestead by mortgage, 26 sale or gift and, if married, may by deed transfer the title 27 to an estate by the entirety with the spouse. If the owner or 28 spouse is incompetent, the method of alienation or encumbrance 29 shall be as provided by law. 30 BE IT FURTHER RESOLVED that the following statement be 31 placed on the ballot: 2 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HJR 321 554-148-97 1 CONSTITUTIONAL AMENDMENT 2 ARTICLE X, SECTION 4 3 HOMESTEAD EXEMPTION.--Proposing an amendment to the 4 State Constitution to provide that the exemption from forced 5 sale or execution of a lien on a homestead is limited to sixty 6 acres of contiguous land and improvements thereon for a 7 homestead located outside a municipality and limiting the 8 homestead exemption for homesteads within a municipality or 9 outside a municipality to two hundred fifty thousand dollars 10 or a greater amount prescribed by law. 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 3