Florida Senate - 2011                        COMMITTEE AMENDMENT
       Bill No. SB 2042
       
       
       
       
       
       
                                Barcode 191694                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  04/12/2011           .                                
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       The Committee on Budget Subcommittee on Finance and Tax
       (Bogdanoff) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 674 - 696
    4  and insert:
    5  homestead exemptions shall be applied in the order that results
    6  in the lowest taxable value. as follows:
    7         (a) The exemption in paragraph (1)(a) shall apply to the
    8  first $25,000 of assessed value;
    9         (b) The second $25,000 of assessed value shall be taxable
   10  unless other exemptions, as listed in paragraph (d), are
   11  applicable in the order listed;
   12         (c) The additional homestead exemption in paragraph (1)(b),
   13  for levies other than school district levies, shall be applied
   14  to the assessed value greater than $50,000 before any other
   15  exemptions are applied to that assessed value; and
   16         (d) Other exemptions include and shall be applied in the
   17  following order: widows, widowers, blind persons, and disabled
   18  persons, as provided in s. 196.202; disabled ex-servicemembers
   19  and surviving spouses, as provided in s. 196.24, applicable to
   20  all levies; the local option low-income senior exemption up to
   21  $50,000, applicable to county levies or municipal levies, as
   22  provided in s. 196.075; and the veterans percentage discount, as
   23  provided in s. 196.082.
   24  
   25  ================= T I T L E  A M E N D M E N T ================
   26         And the title is amended as follows:
   27         Delete lines 64 - 66
   28  and insert:
   29         196.031, F.S.; providing for ad valorem tax exemptions
   30         to be applied in the order that results in the lowest
   31         taxable value of a homestead; amending s. 196.081,
   32         F.S.; authorizing an