Amendment
Bill No. 0002D
Amendment No. 371657
CHAMBER ACTION
Senate House
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1Representative(s) Gibbons offered the following:
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3     Amendment to Amendment (749169) (with directory, schedule,
4ballot, and title amendments)
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D I R E C T O R Y  A M E N D M E N T
7     Remove line(s) 7 and insert:
8Sections 27, 28, and 29 of Article XII of the State Constitution
9are
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S C H E D U L E  A M E N D M E N T
13     Remove line(s) 485-500 and insert:
14     SECTION 28.  Appropriations to fiscally constrained
15counties and municipalities.-- Effective October 1, 2008, for
16the 2008-2009 fiscal year and annually thereafter, an amount
17equivalent to the value of the revenue reduction to the fiscally
18constrained counties, as defined by general law, municipalities
19in such fiscally constrained counties, and municipalities that
20have been levying taxes for less than five years, occurring as a
21result of amendments to this constitution which operate
22retroactive to January 1, 2008, if adopted, shall be distributed
23to each fiscally constrained county, each municipality within
24such county, and each municipality that has been levying taxes
25for less than five years. Funds appropriated under this section
26shall be distributed to the counties and municipalities in an
27amount proportionate to the total amount of the revenue
28reduction resulting from the adoption of such amendments, but
29the total distribution to all counties and municipalities may
30not exceed seventy-five million dollars in any year.
31     SECTION 29.  Property tax exemptions and ad valorem tax
32limitations.--The amendments to Sections 3, 4, 6, and 9 of
33Article VII providing a $25,000 exemption for tangible personal
34property, providing an additional alternative homestead
35exemption, authorizing transfer of the cumulative benefit from
36the limitations on the assessment of homestead property,
37creating a limitation on annual assessment increases for
38specified real property, providing for an additional alternative
39homestead exemption for low-income seniors, providing for
40assessing rent-restricted affordable housing and commercial and
41public-access waterfront property pursuant to general law, and
42requiring the legislature to limit the authority of counties,
43municipalities, and special districts to increase ad valorem
44taxes, the creation of Section 27 of this Article providing for
45election of a county property appraiser or a person responsible
46for the duties of a property appraiser, the creation of Section
4728 of this Article providing for appropriation of certain
48revenues to fiscally constrained counties and municipalities and
49municipalities that have levied taxes less than five years, and
50this
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B A L L O T  A M E N D M E N T
54     Between lines 591 and 592, insert:
55     (10)  Requires appropriation of amounts equal to reductions
56in ad valorem taxes to fiscally constrained counties and
57municipalities and municipalities that have levied taxes less
58than 5 years.
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T I T L E  A M E N D M E N T
62     Remove line(s) 628 and insert:
63property appraiser has been abolished, to require appropriation
64of certain revenues to certain counties and municipalities, and
65to provide an


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