| 1 | Representative Dorworth offered the following: |
| 2 |
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| 3 | Amendment (with schedule and ballot amendments) |
| 4 | ----------------------------------------------------- |
| 5 | S C H E D U L E A M E N D M E N T |
| 6 | Remove lines 351-359 and insert: |
| 7 | general election held in November of 2008. Subsections (g) (f) |
| 8 | and (h) (g) of Section 4 of Article VII, initially adopted as |
| 9 | subsections (f) and (g), are repealed effective January 1, 2023 |
| 10 | 2019; however, the legislature shall by joint resolution propose |
| 11 | an amendment abrogating the repeal of subsections (g) (f) and |
| 12 | (h) (g), which shall be submitted to the electors of this state |
| 13 | for approval or rejection at the general election of 2022 2018 |
| 14 | and, if approved, shall take effect January 1, 2023 2019. |
| 15 | SECTION 32. Property assessments.-This section and the |
| 16 | amendment of Section 4 of Article VII addressing homestead and |
| 17 |
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| 18 |
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| 19 | ----------------------------------------------------- |
| 20 | B A L L O T A M E N D M E N T |
| 21 | Remove lines 395-458 and insert: |
| 22 | (1) This would amend Florida Constitution Article VII, |
| 23 | Section 4 (Taxation; assessments) and Section 6 (Homestead |
| 24 | exemptions). It also would amend Article XII, Section 27, and |
| 25 | add Sections 32 and 33, relating to the Schedule for the |
| 26 | amendments. |
| 27 | (2) In certain circumstances, the law requires the |
| 28 | assessed value of homestead and specified nonhomestead property |
| 29 | to increase when the just value of the property decreases. |
| 30 | Therefore, this amendment provides that the Legislature may, by |
| 31 | general law, provide that the assessment of homestead and |
| 32 | specified nonhomestead property may not increase if the just |
| 33 | value of that property is less than the just value of the |
| 34 | property on the preceding January 1, subject to any adjustment |
| 35 | in the assessed value due to changes, additions, reductions, or |
| 36 | improvements to such property which are assessed as provided for |
| 37 | by general law. This amendment takes effect upon approval by the |
| 38 | voters. If approved at a special election held on the date of |
| 39 | the 2012 presidential preference primary, it shall operate |
| 40 | retroactively to January 1, 2012, or, if approved at the 2012 |
| 41 | general election, shall take effect January 1, 2013. |
| 42 | (3) This amendment reduces from 10 percent to 5 percent |
| 43 | the limitation on annual changes in assessments of nonhomestead |
| 44 | real property. This amendment takes effect upon approval of the |
| 45 | voters. If approved at a special election held on the date of |
| 46 | the 2012 presidential preference primary, it shall operate |
| 47 | retroactively to January 1, 2012, or, if approved at the 2012 |
| 48 | general election, takes effect January 1, 2013. |
| 49 | (4) This amendment also authorizes general law to provide, |
| 50 | subject to conditions specified in such law, an additional |
| 51 | homestead exemption to every person who establishes the right to |
| 52 | receive the homestead exemption provided in the Florida |
| 53 | Constitution within 1 year after purchasing the homestead |
| 54 | property and who has not owned property in the previous 3 |
| 55 | calendar years to which the Florida homestead exemption applied. |
| 56 | The additional homestead exemption shall apply to all levies |
| 57 | except school district levies. The additional exemption is an |
| 58 | amount equal to 50 percent of the homestead property's just |
| 59 | value on January 1 of the year the homestead is established. The |
| 60 | additional homestead exemption may not exceed an amount equal to |
| 61 | the median just value of all homestead property within the |
| 62 | county where the property at issue is located for the calendar |
| 63 | year immediately preceding January 1 of the year the homestead |
| 64 | is established. The additional exemption shall apply for the |
| 65 | shorter of 5 years or the year of sale of the property. The |
| 66 | amount of the additional exemption shall be reduced in each |
| 67 | subsequent year by an amount equal to 20 percent of the amount |
| 68 | of the additional exemption received in the year the homestead |
| 69 | was established or by an amount equal to the difference between |
| 70 | the just value of the property and the assessed value of the |
| 71 | property determined under Article VII, Section 4(d), whichever |
| 72 | is greater. Not more than one such exemption shall be allowed |
| 73 | per homestead property at one time. The additional exemption |
| 74 | applies to property purchased on or after January 1, 2011, if |
| 75 | approved by the voters at a special election held on the date of |
| 76 | the 2012 presidential preference primary, or to property |
| 77 | purchased on or after January 1, 2012, if approved by the voters |
| 78 | at the 2012 general election. The additional exemption is not |
| 79 | available in the sixth and subsequent years after it is first |
| 80 | received. The amendment shall take effect upon approval by the |
| 81 | voters. If approved at a special election held on the date of |
| 82 | the 2012 presidential preference primary, it shall operate |
| 83 | retroactively to January 1, 2012, or, if approved at the 2012 |
| 84 | general election, takes effect January 1, 2013. |
| 85 | (5) This amendment also delays until 2023, the repeal, |
| 86 | currently scheduled to take effect in 2019, of constitutional |
| 87 | amendments adopted in 2008 which limit annual assessment |
| 88 | increases for specified nonhomestead real property. This |
| 89 | amendment delays until 2022 the submission of an amendment |
| 90 | proposing the abrogation of such repeal to the voters. |