| 1 | Representative(s) Gibbons offered the following: |
| 2 |
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| 3 | Amendment to Amendment (749169) (with directory, schedule, |
| 4 | ballot, and title amendments) |
| 5 | ----------------------------------------------------- |
| 6 | 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: |
| 8 | Sections 27, 28, and 29 of Article XII of the State Constitution |
| 9 | are |
| 10 |
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| 11 | ----------------------------------------------------- |
| 12 | 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 |
| 15 | counties and municipalities.-- Effective October 1, 2008, for |
| 16 | the 2008-2009 fiscal year and annually thereafter, an amount |
| 17 | equivalent to the value of the revenue reduction to the fiscally |
| 18 | constrained counties, as defined by general law, municipalities |
| 19 | in such fiscally constrained counties, and municipalities that |
| 20 | have been levying taxes for less than five years, occurring as a |
| 21 | result of amendments to this constitution which operate |
| 22 | retroactive to January 1, 2008, if adopted, shall be distributed |
| 23 | to each fiscally constrained county, each municipality within |
| 24 | such county, and each municipality that has been levying taxes |
| 25 | for less than five years. Funds appropriated under this section |
| 26 | shall be distributed to the counties and municipalities in an |
| 27 | amount proportionate to the total amount of the revenue |
| 28 | reduction resulting from the adoption of such amendments, but |
| 29 | the total distribution to all counties and municipalities may |
| 30 | not exceed seventy-five million dollars in any year. |
| 31 | SECTION 29. Property tax exemptions and ad valorem tax |
| 32 | limitations.--The amendments to Sections 3, 4, 6, and 9 of |
| 33 | Article VII providing a $25,000 exemption for tangible personal |
| 34 | property, providing an additional alternative homestead |
| 35 | exemption, authorizing transfer of the cumulative benefit from |
| 36 | the limitations on the assessment of homestead property, |
| 37 | creating a limitation on annual assessment increases for |
| 38 | specified real property, providing for an additional alternative |
| 39 | homestead exemption for low-income seniors, providing for |
| 40 | assessing rent-restricted affordable housing and commercial and |
| 41 | public-access waterfront property pursuant to general law, and |
| 42 | requiring the legislature to limit the authority of counties, |
| 43 | municipalities, and special districts to increase ad valorem |
| 44 | taxes, the creation of Section 27 of this Article providing for |
| 45 | election of a county property appraiser or a person responsible |
| 46 | for the duties of a property appraiser, the creation of Section |
| 47 | 28 of this Article providing for appropriation of certain |
| 48 | revenues to fiscally constrained counties and municipalities and |
| 49 | municipalities that have levied taxes less than five years, and |
| 50 | this |
| 51 |
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| 52 | ----------------------------------------------------- |
| 53 | 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 |
| 56 | in ad valorem taxes to fiscally constrained counties and |
| 57 | municipalities and municipalities that have levied taxes less |
| 58 | than 5 years. |
| 59 |
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| 60 | ----------------------------------------------------- |
| 61 | T I T L E A M E N D M E N T |
| 62 | Remove line(s) 628 and insert: |
| 63 | property appraiser has been abolished, to require appropriation |
| 64 | of certain revenues to certain counties and municipalities, and |
| 65 | to provide an |