HOUSE AMENDMENT
    739-104AX-05                               Bill No. CS/HJR 295
    Amendment No. ___ (for drafter's use only)
                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW
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11  Representative(s) Weissman offered the following:
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13         Amendment (with title amendment) 
14  Remove from the bill:  Everything after the resolving clause
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16  and insert in lieu thereof:  
17         That the following amendments to Sections 3 and 4 of
18  Article VII of the State Constitution are agreed to and shall
19  be submitted to the electors of this state for approval or
20  rejection at the next general election or at an earlier
21  special election specifically authorized by law for that
22  purpose:
23                           ARTICLE VII
24                       FINANCE AND TAXATION
25         SECTION 3.  Taxes; exemptions.--
26         (a)  All property owned by a municipality and used
27  exclusively by it for municipal or public purposes shall be
28  exempt from taxation.  A municipality, owning property outside
29  the municipality, may be required by general law to make
30  payment to the taxing unit in which the property is located.
31  Such portions of property as are used predominantly for
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    File original & 9 copies    04/26/01                          
    hbd0002                     09:50 am         00295-0090-103337

HOUSE AMENDMENT 739-104AX-05 Bill No. CS/HJR 295 Amendment No. ___ (for drafter's use only) 1 educational, literary, scientific, religious or charitable 2 purposes may be exempted by general law from taxation. 3 (b) There shall be exempt from taxation, cumulatively, 4 to every head of a family residing in this state, household 5 goods and personal effects to the value fixed by general law, 6 not less than one thousand dollars, and to every widow or 7 widower or person who is blind or totally and permanently 8 disabled, property to the value fixed by general law not less 9 than five hundred dollars. 10 (c) Any county or municipality may, for the purpose of 11 its respective tax levy and subject to the provisions of this 12 subsection and general law, grant community and economic 13 development ad valorem tax exemptions to new businesses and 14 expansions of existing businesses, as defined by general law. 15 Such an exemption may be granted only by ordinance of the 16 county or municipality, and only after the electors of the 17 county or municipality voting on such question in a referendum 18 authorize the county or municipality to adopt such ordinances. 19 An exemption so granted shall apply to improvements to real 20 property made by or for the use of a new business and 21 improvements to real property related to the expansion of an 22 existing business and shall also apply to tangible personal 23 property of such new business and tangible personal property 24 related to the expansion of an existing business. The amount 25 or limits of the amount of such exemption shall be specified 26 by general law. The period of time for which such exemption 27 may be granted to a new business or expansion of an existing 28 business shall be determined by general law. The authority to 29 grant such exemption shall expire ten years from the date of 30 approval by the electors of the county or municipality, and 31 may be renewable by referendum as provided by general law. 2 File original & 9 copies 04/26/01 hbd0002 09:50 am 00295-0090-103337
HOUSE AMENDMENT 739-104AX-05 Bill No. CS/HJR 295 Amendment No. ___ (for drafter's use only) 1 (d) By general law and subject to conditions specified 2 therein, there may be granted an ad valorem tax exemption to a 3 renewable energy source device and to real property on which 4 such device is installed and operated, to the value fixed by 5 general law not to exceed the original cost of the device, and 6 for the period of time fixed by general law not to exceed ten 7 years. 8 (e) Any county or municipality may, for the purpose of 9 its respective tax levy and subject to the provisions of this 10 subsection and general law, grant historic preservation ad 11 valorem tax exemptions to owners of historic properties. This 12 exemption may be granted only by ordinance of the county or 13 municipality. The amount or limits of the amount of this 14 exemption and the requirements for eligible properties must be 15 specified by general law. The period of time for which this 16 exemption may be granted to a property owner shall be 17 determined by general law. 18 (f) By general law and subject to conditions specified 19 therein, there may be granted an ad valorem tax exemption for 20 value attributable to improvements made for purposes of 21 disaster preparedness. 22 SECTION 4. Taxation; assessments.--By general law 23 regulations shall be prescribed which shall secure a just 24 valuation of all property for ad valorem taxation, provided: 25 (a) Agricultural land, land producing high water 26 recharge to Florida's aquifers or land used exclusively for 27 non-commercial recreational purposes may be classified by 28 general law and assessed solely on the basis of character or 29 use. 30 (b) Pursuant to general law tangible personal property 31 held for sale as stock in trade and livestock may be valued 3 File original & 9 copies 04/26/01 hbd0002 09:50 am 00295-0090-103337
HOUSE AMENDMENT 739-104AX-05 Bill No. CS/HJR 295 Amendment No. ___ (for drafter's use only) 1 for taxation at a specified percentage of its value, may be 2 classified for tax purposes, or may be exempted from taxation. 3 (c) All persons entitled to a homestead exemption 4 under Section 6 of this Article shall have their homestead 5 assessed at just value as of January 1 of the year following 6 the effective date of this amendment. This assessment shall 7 change only as provided herein. 8 1. Assessments subject to this provision shall be 9 changed annually on January 1st of each year; but those 10 changes in assessments shall not exceed the lower of the 11 following: 12 (A) three percent (3%) of the assessment for the prior 13 year. 14 (B) the percent change in the Consumer Price Index for 15 all urban consumers, U.S. City Average, all items 1967=100, or 16 successor reports for the preceding calendar year as initially 17 reported by the United States Department of Labor, Bureau of 18 Labor Statistics. 19 2. No assessment shall exceed just value. 20 3. After any change of ownership, as provided by 21 general law, homestead property shall be assessed at just 22 value as of January 1 of the following year. Thereafter, the 23 homestead shall be assessed as provided herein. 24 4. New homestead property shall be assessed at just 25 value as of January 1st of the year following the 26 establishment of the homestead. That assessment shall only 27 change as provided herein. 28 5. Changes, additions, reductions or improvements to 29 homestead property shall be assessed as provided for by 30 general law; provided, however, after the adjustment for any 31 change, addition, reduction or improvement, the property shall 4 File original & 9 copies 04/26/01 hbd0002 09:50 am 00295-0090-103337
HOUSE AMENDMENT 739-104AX-05 Bill No. CS/HJR 295 Amendment No. ___ (for drafter's use only) 1 be assessed as provided herein. 2 6. In the event of a termination of homestead status, 3 the property shall be assessed as provided by general law. 4 7. The provisions of this amendment are severable. If 5 any of the provisions of this amendment shall be held 6 unconstitutional by any court of competent jurisdiction, the 7 decision of such court shall not affect or impair any 8 remaining provisions of this amendment. 9 (d) The legislature may, by general law, for 10 assessment purposes and subject to the provisions of this 11 subsection, allow counties and municipalities to authorize by 12 ordinance that historic property may be assessed solely on the 13 basis of character or use. Such character or use assessment 14 shall apply only to the jurisdiction adopting the ordinance. 15 The requirements for eligible properties must be specified by 16 general law. 17 (e) A county may, in the manner prescribed by general 18 law, provide for a reduction in the assessed value of 19 homestead property to the extent of any increase in the 20 assessed value of that property which results from the 21 construction or reconstruction of the property for the purpose 22 of providing living quarters for one or more natural or 23 adoptive grandparents or parents of the owner of the property 24 or of the owner's spouse if at least one of the grandparents 25 or parents for whom the living quarters are provided is 62 26 years of age or older. Such a reduction may not exceed the 27 lesser of the following: 28 1. The increase in assessed value resulting from 29 construction or reconstruction of the property. 30 2. Twenty percent of the total assessed value of the 31 property as improved. 5 File original & 9 copies 04/26/01 hbd0002 09:50 am 00295-0090-103337
HOUSE AMENDMENT 739-104AX-05 Bill No. CS/HJR 295 Amendment No. ___ (for drafter's use only) 1 BE IT FURTHER RESOLVED that in accordance with the 2 requirements of section 101.161, Florida Statutes, the title 3 and substance of the amendment proposed herein shall appear on 4 the ballot as follows: 5 EXEMPTIONS FOR DISASTER PREPAREDNESS 6 AND FOR CONSTRUCTION OF LIVING 7 QUARTERS FOR PARENTS OR GRANDPARENTS 8 Proposes amendments to the State Constitution to allow 9 an ad ad valorem tax exemption for property value attributable 10 to improvements made for purposes of disaster preparedness, 11 and to allow counties to exempt from taxation an increase in 12 the assessed value of homestead property resulting from 13 constructing living quarters for a parent or grandparent of 14 the property owner or the property owner's spouse who is 62 15 years old or older. Limits the amount of the exemption for 16 construction of such living quarters to the increase in 17 assessed value resulting from such construction or 20 percent 18 of the total assessed value of the property as improved, 19 whichever is less. 20 21 22 ================ T I T L E A M E N D M E N T =============== 23 And the title is amended as follows: 24 remove from the title of the bill: the entire title 25 26 and insert in lieu thereof: 27 House Joint Resolution 28 A joint resolution proposing amendments to 29 Sections 3 and 4 of Article VII of the State 30 Constitution, relating to finance and taxation, 31 to allow the Legislature by general law to 6 File original & 9 copies 04/26/01 hbd0002 09:50 am 00295-0090-103337
HOUSE AMENDMENT 739-104AX-05 Bill No. CS/HJR 295 Amendment No. ___ (for drafter's use only) 1 exclude from assessed value for ad valorem tax 2 purposes value attributable to improvements 3 made for purposes of disaster preparedness and 4 to allow counties to provide for a reduction in 5 the assessed value of homestead property equal 6 to the increase in such value which results 7 from constructing living quarters for certain 8 persons over 62 years of age or older. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 7 File original & 9 copies 04/26/01 hbd0002 09:50 am 00295-0090-103337