1 | Representative(s) Domino offered the following: |
2 |
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3 | Amendment (with ballot statement and title amendments) |
4 | Between line(s) 169 and 170, insert: |
5 | (h) Pursuant to general law and subject to conditions |
6 | specified therein, increases in assessments of real property |
7 | used for commercial purposes may be limited to the greater of |
8 | five percent or the average annual percentage growth in revenues |
9 | derived from the property over the preceding three years. |
10 |
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11 | == B A L L O T S T A T E M E N T A M E N D M E N T == |
12 | Remove line(s) 368 and insert: |
13 | access at less than just value; to authorize, pursuant to |
14 | general law and subject to conditions specified therein, a |
15 | limitation on increases in assessments of real property used for |
16 | commercial purposes to the greater of 5 percent or the average |
17 | annual percentage growth in revenues derived from the property |
18 | over the preceding 3 years; and to schedule the amendments |
19 |
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20 | ======= T I T L E A M E N D M E N T ======= |
21 | Remove line(s) 10 and insert: |
22 | property by general law, authorize a limitation on increases in |
23 | assessments of commercial property, increase the homestead |
24 | exemption, |