Florida Senate - 2007                        SENATOR AMENDMENT
    Bill No. CS for SJR 2-D
                        Barcode 023352
                            CHAMBER ACTION
              Senate                               House
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 3         Floor: 8/F/2R           .                    
       10/17/2007 02:09 PM         .                    
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11  Senator Posey moved the following amendment:
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13         Senate Amendment (with title amendment) 
14         On page 4, line 15, through
15            page 5, line 23, delete those lines
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17  and insert:  
18         (c)  All residential and commercial property persons
19  entitled to a homestead exemption under Section 6 of this
20  Article shall be have their homestead assessed at just value
21  as of January 1 of the year following the effective date of
22  this amendment. This assessment shall change only as provided
23  herein.
24         (1)  Assessments subject to this provision shall be
25  changed annually on January 1st of each year; but those
26  changes in assessments shall not exceed the lower of the
27  following:
28         a.  Three percent (3%) of the assessment for the prior
29  year.
30         b.  The percent change in the Consumer Price Index for
31  all urban consumers, U.S. City Average, all items 1967=100, or
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    5:42 PM   10/16/07                            s0002Dc1c-24-j02

Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SJR 2-D Barcode 023352 1 successor reports for the preceding calendar year as initially 2 reported by the United States Department of Labor, Bureau of 3 Labor Statistics. 4 (2) No assessment shall exceed just value. 5 (3) After any change of ownership, as provided by 6 general law, residential and commercial homestead property 7 shall be assessed at just value as of January 1 of the 8 following year, unless the provisions of paragraph (7) apply. 9 Thereafter, the property homestead shall be assessed as 10 provided herein. 11 (4) New residential and commercial homestead property 12 shall be assessed at just value as of January 1st of the year 13 following the completion of construction establishment of the 14 property, unless the provisions of paragraph (7) apply 15 homestead. That assessment shall only change as provided 16 herein. 17 (5) Changes, additions, reductions, or improvements to 18 residential property or commercial homestead property shall be 19 assessed as provided for by general law; provided, however, 20 after the adjustment for any change, addition, reduction, or 21 improvement, the property shall be assessed as provided 22 herein. 23 (6) In the event of a termination of homestead status, 24 the property shall be assessed as provided by general law. 25 (6)(7) The provisions of this amendment are severable. 26 If any of the provisions of this amendment shall be held 27 unconstitutional by any court of competent jurisdiction, the 28 decision of such court shall not affect or impair any 29 remaining provisions of this amendment. 30 (7)a. For all levies other than school district 31 2 5:42 PM 10/16/07 s0002Dc1c-24-j02
Florida Senate - 2007 SENATOR AMENDMENT Bill No. CS for SJR 2-D Barcode 023352 1 ================ T I T L E A M E N D M E N T =============== 2 And the title is amended as follows: 3 On page 1, line 6, after the comma, 4 5 insert: 6 to apply to all residential and commercial 7 property the limitations on assessments of 8 property at just value currently applicable 9 only to homestead property, 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 3 5:42 PM 10/16/07 s0002Dc1c-24-j02