Florida Senate - 2009                                   SJR 2704
       
       
       
       By Senator Lawson
       
       
       
       
       6-01877-09                                            20092704__
    1                       Senate Joint Resolution                     
    2         A joint resolution proposing the creation of Section
    3         19 of Article VII of the State Constitution to
    4         authorize the Legislature to grant a partial exemption
    5         from ad valorem taxation and non-ad valorem
    6         assessments for homestead property renovated or
    7         reconstructed by certain entities.
    8  
    9  Be It Resolved by the Legislature of the State of Florida:
   10  
   11         That the following creation of Section 19 of Article VII of
   12  the State Constitution is agreed to and shall be submitted to
   13  the electors of this state for approval or rejection at the next
   14  general election or at an earlier special election specifically
   15  authorized by law for that purpose:
   16                             ARTICLE VII                           
   17                        FINANCE AND TAXATION                       
   18         SECTION 19. Partial exemption for renovation homestead
   19  property.—
   20         (a) By general law and subject to conditions and
   21  limitations specified therein, the legislature may grant a
   22  partial exemption from ad valorem taxation and non-ad valorem
   23  assessments for homestead property that has been renovated or
   24  reconstructed by a charitable entity in an amount equal to any
   25  increase in the assessed value of the homestead resulting from
   26  the renovation or reconstruction.
   27         (b) The duration of a tax exemption granted pursuant to
   28  this section shall be for a term not to exceed 30 years from the
   29  completion of the renovation or reconstruction and shall not be
   30  transferable. When the exempt status of the property changes
   31  during a tax year due to a sale or transfer of the property, the
   32  property shall be assessed and taxed at its just value and the
   33  procedure for the apportionment of the taxes for the year shall
   34  be the same as in the case of other changes in tax exemption
   35  status during the tax year.
   36         (c) For purposes of this section, homestead property
   37  eligible for the exemption provided by this section is homestead
   38  property consisting of a housing project performed for a
   39  specific person or family to renovate, reconstruct, or replace
   40  the home of that person or family on the same lot by a
   41  charitable entity organized to perform home renovations or by a
   42  for-profit builder using at least 75 percent volunteer labor to
   43  accomplish the renovation or reconstruction for the project.
   44         BE IT FURTHER RESOLVED that the following statement be
   45  placed on the ballot:
   46                      CONSTITUTIONAL AMENDMENT                     
   47                       ARTICLE VII, SECTION 19                     
   48         PARTIAL EXEMPTION FOR RENOVATED OR RECONSTRUCTED HOMESTEAD
   49  PROPERTY.—Proposing an amendment to the State Constitution to
   50  authorize the Legislature to exempt homestead property that has
   51  been renovated or reconstructed by a charitable entity or for
   52  profit builder using predominantly volunteer labor from ad
   53  valorem taxation and non-ad valorem assessments in an amount
   54  equal to any increase in the assessed value of the homestead
   55  resulting from the renovation or reconstruction, limit the term
   56  of the exemption to 30 years, and provide for termination of the
   57  exemption upon sale or transfer of ownership of the property.