Florida Senate - 2007 SENATOR AMENDMENT
Bill No. CS for SB 1020
Barcode 310674
CHAMBER ACTION
Senate House
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04/19/2007 09:15 AM .
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11 Senator Haridopolos moved the following amendment:
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13 Senate Amendment
14 On page 16, line 11, through
15 page 17, line 27, delete those lines
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17 and insert:
18 (5)(a) The maximum millage rate that a county or
19 municipality, or a special district dependent on a county or
20 municipality, may levy for the 2007-2008 fiscal year is the
21 greater of:
22 1. The rate that will provide ad valorem tax revenue
23 calculated as follows:
24 a. Ad valorem taxes levied against the 2005 tax roll
25 adjusted to the amount that would have been levied against the
26 2006 tax roll at the 2006 rolled-back rate and further
27 adjusted by the annual percentage change in per capita Florida
28 personal income in the 2005 calendar year or the actual ad
29 valorem taxes levied for the 2006-2007 fiscal year, whichever
30 is less.
31 b. The amount in sub-subparagraph a. further adjusted
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4:21 PM 04/18/07 s1020c1b-26-c01
Florida Senate - 2007 SENATOR AMENDMENT
Bill No. CS for SB 1020
Barcode 310674
1 to the amount that would result from levying the 2007
2 rolled-back rate based on the amount calculated in
3 sub-subparagraph a., and further adjusted by the annual
4 percentage change in per capita Florida personal income in the
5 2006 calendar year; or
6 2. The rate that will provide the same ad valorem tax
7 revenue as was levied in the 2006-2007 fiscal year.
8 (b) The maximum millage rate that a county or
9 municipality, or a special district dependent on a county or
10 municipality, may levy for the 2008-2009 fiscal year is the
11 greater of:
12 1. The rolled-back rate based on the previous year's
13 maximum millage rate; or
14 2. Eighty-five percent of the rate that will provide
15 the ad valorem tax revenue that would be raised by applying
16 the millage rate for the 2006-2007 fiscal year to the 2008 tax
17 roll.
18 (c) Beginning in the 2009-2010 fiscal year, the
19 maximum millage rate that a county or municipality, or a
20 special district dependent on a county or municipality, may
21 levy is the rolled-back rate based on the previous year's
22 maximum millage rate, adjusted for growth in per capita
23 Florida personal income, unless a higher rate is approved by a
24 two-thirds vote of the governing body of the county or
25 municipality or approved by a referendum of the voters, in
26 which case the higher rate shall be the maximum rate.
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28 Voted millage as defined in this chapter and taxes levied by a
29 municipality or municipal services taxing unit that has levied
30 ad valorem taxes for less than 5 years are not subject to the
31 limitation on millage rates provided by this subsection.
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