1 | Representative(s) Seiler offered the following: |
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3 | Substitute Amendment for Amendment (405311) (with title |
4 | amendment) |
5 | Remove line(s) 252-267, and insert: |
6 | (1)(a) Ad valorem taxes may not be levied in excess of a |
7 | millage rate equal to the rolled-back rate as defined in s. |
8 | 200.065 and shall remain frozen until the Taxation and Budget |
9 | Reform Commission places a tax relief and reform measure on the |
10 | ballot which becomes a part of the State Constitution. |
11 | (b) This subsection does not apply to taxing authorities |
12 | that have levied ad valorem taxes for 5 years or less. |
13 | (2)(a) For the fiscal year beginning October 1, 2007, ad |
14 | valorem taxes may not be levied in excess of the maximum millage |
15 | rate that would have resulted from application of subsection (1) |
16 | if subsection (1) had been in effect beginning January 1, 2005, |
17 | and had been applied each year up to and including the fiscal |
18 | year beginning October 1, 2006. |
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20 | =========== T I T L E A M E N D M E N T ======== |
21 | Remove line 6 and insert: |
22 | millage limitations; providing for freezing the millage rate |
23 | until certain action is taken by the Taxation and Budget Reform |
24 | Commission; providing exemptions for certain |