Senate Bill sb1692c1

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2006                          CS for SJR 1692

    By the Committee on Community Affairs; and Senator Clary





    578-1956-06

  1                     Senate Joint Resolution

  2         A joint resolution proposing an amendment to

  3         Section 4 of Article VII of the State

  4         Constitution to authorize legislation that

  5         would permit counties to enact ordinances which

  6         prohibit an increase in the assessed value of

  7         homestead property owned by certain persons who

  8         are 62 years of age or older.

  9  

10         WHEREAS, William "Bill" Markham served as the Broward

11  County Property Appraiser from his election in 1968 until his

12  death in office in 2004, and

13         WHEREAS, Dr. Olga Maria Garcia Martinez, cofounder of

14  community action agency and "viejos utiles," worked tirelessly

15  to assist the elderly community until her death in 1973, NOW

16  THEREFORE,

17  

18  Be It Resolved by the Legislature of the State of Florida:

19  

20         That the following amendment to Section 4 of Article

21  VII of the State Constitution is agreed to and shall be

22  submitted to the electors of this state for approval or

23  rejection at the next general election or at an earlier

24  special election specifically authorized by law for that

25  purpose:

26                           ARTICLE VII

27                       FINANCE AND TAXATION

28         SECTION 4.  Taxation; assessments.--By general law

29  regulations shall be prescribed which shall secure a just

30  valuation of all property for ad valorem taxation, provided:

31  

                                  1

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






    Florida Senate - 2006                          CS for SJR 1692
    578-1956-06




 1         (a)  Agricultural land, land producing high water

 2  recharge to Florida's aquifers, or land used exclusively for

 3  noncommercial recreational purposes may be classified by

 4  general law and assessed solely on the basis of character or

 5  use.

 6         (b)  Pursuant to general law tangible personal property

 7  held for sale as stock in trade and livestock may be valued

 8  for taxation at a specified percentage of its value, may be

 9  classified for tax purposes, or may be exempted from taxation.

10         (c)  All persons entitled to a homestead exemption

11  under Section 6 of this Article shall have their homestead

12  assessed at just value as of January 1 of the year following

13  the effective date of this amendment. This assessment shall

14  change only as provided herein.

15         (1)  Assessments subject to this provision shall be

16  changed annually on January 1st of each year; but those

17  changes in assessments shall not exceed the lower of the

18  following:

19         a.  Three percent (3%) of the assessment for the prior

20  year.

21         b.  The percent change in the Consumer Price Index for

22  all urban consumers, U.S. City Average, all items 1967=100, or

23  successor reports for the preceding calendar year as initially

24  reported by the United States Department of Labor, Bureau of

25  Labor Statistics.

26         (2)  No assessment shall exceed just value.

27         (3)  After any change of ownership, as provided by

28  general law, homestead property shall be assessed at just

29  value as of January 1 of the following year. Thereafter, the

30  homestead shall be assessed as provided herein.

31  

                                  2

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






    Florida Senate - 2006                          CS for SJR 1692
    578-1956-06




 1         (4)  New homestead property shall be assessed at just

 2  value as of January 1st of the year following the

 3  establishment of the homestead. That assessment shall only

 4  change as provided herein.

 5         (5)  Changes, additions, reductions, or improvements to

 6  homestead property shall be assessed as provided for by

 7  general law; provided, however, after the adjustment for any

 8  change, addition, reduction, or improvement, the property

 9  shall be assessed as provided herein.

10         (6)  In the event of a termination of homestead status,

11  the property shall be assessed as provided by general law.

12         (7)  The provisions of this amendment are severable. If

13  any of the provisions of this amendment shall be held

14  unconstitutional by any court of competent jurisdiction, the

15  decision of such court shall not affect or impair any

16  remaining provisions of this amendment.

17         (d)  The legislature may, by general law, for

18  assessment purposes and subject to the provisions of this

19  subsection, allow counties and municipalities to authorize by

20  ordinance that historic property may be assessed solely on the

21  basis of character or use. Such character or use assessment

22  shall apply only to the jurisdiction adopting the ordinance.

23  The requirements for eligible properties must be specified by

24  general law.

25         (e)  A county may, in the manner prescribed by general

26  law, provide for a reduction in the assessed value of

27  homestead property to the extent of any increase in the

28  assessed value of that property which results from the

29  construction or reconstruction of the property for the purpose

30  of providing living quarters for one or more natural or

31  adoptive grandparents or parents of the owner of the property

                                  3

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






    Florida Senate - 2006                          CS for SJR 1692
    578-1956-06




 1  or of the owner's spouse if at least one of the grandparents

 2  or parents for whom the living quarters are provided is 62

 3  years of age or older. Such a reduction may not exceed the

 4  lesser of the following:

 5         (1)  The increase in assessed value resulting from

 6  construction or reconstruction of the property.

 7         (2)  Twenty percent of the total assessed value of the

 8  property as improved.

 9         (f)  A county, by ordinance, may, in the manner

10  prescribed by general law, prohibit an increase in the

11  assessed value of homestead property located in that county

12  which is owned by any person who has attained age 62 and whose

13  household income, as defined by general law, does not exceed

14  twenty-five thousand dollars per year, as adjusted for

15  inflation in accordance with general law.

16         BE IT FURTHER RESOLVED that the following statement be

17  placed on the ballot:

18                     CONSTITUTIONAL AMENDMENT

19                      ARTICLE VII, SECTION 4

20         PROHIBITING HOMESTEAD PROPERTY ASSESSED VALUE INCREASES

21  FOR SENIOR CITIZENS.--Proposing an amendment to the State

22  Constitution to provide that a county, by ordinance, may, in

23  the manner provided by general law, prohibit an increase in

24  the assessed value of homestead property located in that

25  county which is owned by a person who has attained age 62 and

26  whose household income, as defined by general law, does not

27  exceed $25,000 per year, as adjusted for inflation in

28  accordance with general law.

29  

30  

31  

                                  4

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






    Florida Senate - 2006                          CS for SJR 1692
    578-1956-06




 1          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
 2                             SJR 1692

 3                                 

 4  The CS revises the age and income thresholds contained in the
    joint resolution. Specifically, the CS decreases the age limit
 5  from 65 to 62, and increases the household income threshold
    from $20,000 to $25,000.
 6  

 7  

 8  

 9  

10  

11  

12  

13  

14  

15  

16  

17  

18  

19  

20  

21  

22  

23  

24  

25  

26  

27  

28  

29  

30  

31  

                                  5

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