| 1 | Representative Saunders offered the following: |
| 2 |
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| 3 | Amendment (with ballot and title amendments) |
| 4 | Remove lines 43-54 and insert: |
| 5 | collected by counties, municipalities, and special districts on |
| 6 | any parcel of real property shall not, when combined, exceed 1 |
| 7 | percent of the parcel's highest taxable value. The term "taxable |
| 8 | value" refers to the value of real property to which millage |
| 9 | rates are applied. The Legislature shall provide by general law |
| 10 | for the distribution of tax revenues derived from parcels for |
| 11 | which the combined ad valorem tax levies exceed 1 percent of the |
| 12 | parcel's highest taxable value. This subsection does not apply |
| 13 | to ad valorem taxes levied for the payment of bonds issued |
| 14 | pursuant to section 12 of this article or levied for periods not |
| 15 | longer than two years when authorized by a vote of the electors. |
| 16 |
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| 17 | ----------------------------------------------------- |
| 18 | B A L L O T A M E N D M E N T |
| 19 | Remove lines 62-66 and insert: |
| 20 | real property shall not exceed 1 percent of the highest taxable |
| 21 | value of the property, apply the property tax limit to all |
| 22 | property taxes except school district levies and property taxes |
| 23 | approved by voters, and provide for distribution of revenue from |
| 24 | parcels that have reached the 1-percent limit by general law. |
| 25 | Preserves Save |
| 26 |
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| 27 | ----------------------------------------------------- |
| 28 | T I T L E A M E N D M E N T |
| 29 | Remove line 5 and insert: |
| 30 | exceptions, and provide for distribution of tax revenues |
| 31 |
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