1 | House Joint Resolution |
2 | A joint resolution proposing amendments to Sections 4 and |
3 | 6 of Article VII and the creation of Sections 32 and 33 of |
4 | Article XII of the State Constitution to reduce the |
5 | limitation on annual assessment increases applicable to |
6 | nonhomestead real property, provide an additional |
7 | homestead exemption for new owners of homestead property |
8 | and application and limitations with respect thereto, and |
9 | provide effective dates. |
10 |
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11 | Be It Resolved by the Legislature of the State of Florida: |
12 |
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13 | That the following amendments to Sections 4 and 6 of |
14 | Article VII and the creation of Sections 32 and 33 of Article |
15 | XII of the State Constitution are agreed to and shall be |
16 | submitted to the electors of this state for approval or |
17 | rejection at the next general election or at an earlier special |
18 | election specifically authorized by law for that purpose: |
19 | ARTICLE VII |
20 | FINANCE AND TAXATION |
21 | SECTION 4. Taxation; assessments.-By general law |
22 | regulations shall be prescribed which shall secure a just |
23 | valuation of all property for ad valorem taxation, provided: |
24 | (a) Agricultural land, land producing high water recharge |
25 | to Florida's aquifers, or land used exclusively for |
26 | noncommercial recreational purposes may be classified by general |
27 | law and assessed solely on the basis of character or use. |
28 | (b) As provided by general law and subject to conditions, |
29 | limitations, and reasonable definitions specified therein, land |
30 | used for conservation purposes shall be classified by general |
31 | law and assessed solely on the basis of character or use. |
32 | (c) Pursuant to general law tangible personal property |
33 | held for sale as stock in trade and livestock may be valued for |
34 | taxation at a specified percentage of its value, may be |
35 | classified for tax purposes, or may be exempted from taxation. |
36 | (d) All persons entitled to a homestead exemption under |
37 | Section 6 of this Article shall have their homestead assessed at |
38 | just value as of January 1 of the year following the effective |
39 | date of this amendment. This assessment shall change only as |
40 | provided in this subsection. |
41 | (1) Assessments subject to this subsection shall be |
42 | changed annually on January 1 1st of each year; but those |
43 | changes in assessments shall not exceed the lower of the |
44 | following: |
45 | a. Three percent (3%) of the assessment for the prior |
46 | year. |
47 | b. The percent change in the Consumer Price Index for all |
48 | urban consumers, U.S. City Average, all items 1967=100, or |
49 | successor reports for the preceding calendar year as initially |
50 | reported by the United States Department of Labor, Bureau of |
51 | Labor Statistics. |
52 | (2) No assessment shall exceed just value. |
53 | (3) After any change of ownership, as provided by general |
54 | law, homestead property shall be assessed at just value as of |
55 | January 1 of the following year, unless the provisions of |
56 | paragraph (8) apply. Thereafter, the homestead shall be assessed |
57 | as provided in this subsection. |
58 | (4) New homestead property shall be assessed at just value |
59 | as of January 1 1st of the year following the establishment of |
60 | the homestead, unless the provisions of paragraph (8) apply. |
61 | That assessment shall only change as provided in this |
62 | subsection. |
63 | (5) Changes, additions, reductions, or improvements to |
64 | homestead property shall be assessed as provided for by general |
65 | law; provided, however, after the adjustment for any change, |
66 | addition, reduction, or improvement, the property shall be |
67 | assessed as provided in this subsection. |
68 | (6) In the event of a termination of homestead status, the |
69 | property shall be assessed as provided by general law. |
70 | (7) The provisions of this amendment are severable. If any |
71 | of the provisions of this amendment shall be held |
72 | unconstitutional by any court of competent jurisdiction, the |
73 | decision of such court shall not affect or impair any remaining |
74 | provisions of this amendment. |
75 | (8)a. A person who establishes a new homestead as of |
76 | January 1, 2009, or January 1 of any subsequent year and who has |
77 | received a homestead exemption pursuant to Section 6 of this |
78 | Article as of January 1 of either of the 2 two years immediately |
79 | preceding the establishment of the new homestead is entitled to |
80 | have the new homestead assessed at less than just value. If this |
81 | revision is approved in January of 2008, a person who |
82 | establishes a new homestead as of January 1, 2008, is entitled |
83 | to have the new homestead assessed at less than just value only |
84 | if that person received a homestead exemption on January 1, |
85 | 2007. The assessed value of the newly established homestead |
86 | shall be determined as follows: |
87 | 1. If the just value of the new homestead is greater than |
88 | or equal to the just value of the prior homestead as of January |
89 | 1 of the year in which the prior homestead was abandoned, the |
90 | assessed value of the new homestead shall be the just value of |
91 | the new homestead minus an amount equal to the lesser of |
92 | $500,000 or the difference between the just value and the |
93 | assessed value of the prior homestead as of January 1 of the |
94 | year in which the prior homestead was abandoned. Thereafter, the |
95 | homestead shall be assessed as provided in this subsection. |
96 | 2. If the just value of the new homestead is less than the |
97 | just value of the prior homestead as of January 1 of the year in |
98 | which the prior homestead was abandoned, the assessed value of |
99 | the new homestead shall be equal to the just value of the new |
100 | homestead divided by the just value of the prior homestead and |
101 | multiplied by the assessed value of the prior homestead. |
102 | However, if the difference between the just value of the new |
103 | homestead and the assessed value of the new homestead calculated |
104 | pursuant to this sub-subparagraph is greater than $500,000, the |
105 | assessed value of the new homestead shall be increased so that |
106 | the difference between the just value and the assessed value |
107 | equals $500,000. Thereafter, the homestead shall be assessed as |
108 | provided in this subsection. |
109 | b. By general law and subject to conditions specified |
110 | therein, the legislature shall provide for application of this |
111 | paragraph to property owned by more than one person. |
112 | (e) The legislature may, by general law, for assessment |
113 | purposes and subject to the provisions of this subsection, allow |
114 | counties and municipalities to authorize by ordinance that |
115 | historic property may be assessed solely on the basis of |
116 | character or use. Such character or use assessment shall apply |
117 | only to the jurisdiction adopting the ordinance. The |
118 | requirements for eligible properties must be specified by |
119 | general law. |
120 | (f) A county may, in the manner prescribed by general law, |
121 | provide for a reduction in the assessed value of homestead |
122 | property to the extent of any increase in the assessed value of |
123 | that property which results from the construction or |
124 | reconstruction of the property for the purpose of providing |
125 | living quarters for one or more natural or adoptive grandparents |
126 | or parents of the owner of the property or of the owner's spouse |
127 | if at least one of the grandparents or parents for whom the |
128 | living quarters are provided is 62 years of age or older. Such a |
129 | reduction may not exceed the lesser of the following: |
130 | (1) The increase in assessed value resulting from |
131 | construction or reconstruction of the property. |
132 | (2) Twenty percent of the total assessed value of the |
133 | property as improved. |
134 | (g) For all levies other than school district levies, |
135 | assessments of residential real property, as defined by general |
136 | law, which contains nine units or fewer and which is not subject |
137 | to the assessment limitations set forth in subsections (a) |
138 | through (d) shall change only as provided in this subsection. |
139 | (1) Assessments subject to this subsection shall be |
140 | changed annually on the date of assessment provided by law; but |
141 | those changes in assessments shall not exceed 3 ten percent |
142 | (10%) of the assessment for the prior year. |
143 | (2) No assessment shall exceed just value. |
144 | (3) After a change of ownership or control, as defined by |
145 | general law, including any change of ownership of a legal entity |
146 | that owns the property, such property shall be assessed at just |
147 | value as of the next assessment date. Thereafter, such property |
148 | shall be assessed as provided in this subsection. |
149 | (4) Changes, additions, reductions, or improvements to |
150 | such property shall be assessed as provided for by general law; |
151 | however, after the adjustment for any change, addition, |
152 | reduction, or improvement, the property shall be assessed as |
153 | provided in this subsection. |
154 | (h) For all levies other than school district levies, |
155 | assessments of real property that is not subject to the |
156 | assessment limitations set forth in subsections (a) through (d) |
157 | and (g) shall change only as provided in this subsection. |
158 | (1) Assessments subject to this subsection shall be |
159 | changed annually on the date of assessment provided by law; but |
160 | those changes in assessments shall not exceed 3 ten percent |
161 | (10%) of the assessment for the prior year. |
162 | (2) No assessment shall exceed just value. |
163 | (3) The legislature must provide that such property shall |
164 | be assessed at just value as of the next assessment date after a |
165 | qualifying improvement, as defined by general law, is made to |
166 | such property. Thereafter, such property shall be assessed as |
167 | provided in this subsection. |
168 | (4) The legislature may provide that such property shall |
169 | be assessed at just value as of the next assessment date after a |
170 | change of ownership or control, as defined by general law, |
171 | including any change of ownership of the legal entity that owns |
172 | the property. Thereafter, such property shall be assessed as |
173 | provided in this subsection. |
174 | (5) Changes, additions, reductions, or improvements to |
175 | such property shall be assessed as provided for by general law; |
176 | however, after the adjustment for any change, addition, |
177 | reduction, or improvement, the property shall be assessed as |
178 | provided in this subsection. |
179 | (i) The legislature, by general law and subject to |
180 | conditions specified therein, may prohibit the consideration of |
181 | the following in the determination of the assessed value of real |
182 | property used for residential purposes: |
183 | (1) Any change or improvement made for the purpose of |
184 | improving the property's resistance to wind damage. |
185 | (2) The installation of a renewable energy source device. |
186 | (j)(1) The assessment of the following working waterfront |
187 | properties shall be based upon the current use of the property: |
188 | a. Land used predominantly for commercial fishing |
189 | purposes. |
190 | b. Land that is accessible to the public and used for |
191 | vessel launches into waters that are navigable. |
192 | c. Marinas and drystacks that are open to the public. |
193 | d. Water-dependent marine manufacturing facilities, |
194 | commercial fishing facilities, and marine vessel construction |
195 | and repair facilities and their support activities. |
196 | (2) The assessment benefit provided by this subsection is |
197 | subject to conditions and limitations and reasonable definitions |
198 | as specified by the legislature by general law. |
199 | SECTION 6. Homestead exemptions.- |
200 | (a) Every person who has the legal or equitable title to |
201 | real estate and maintains thereon the permanent residence of the |
202 | owner, or another legally or naturally dependent upon the owner, |
203 | shall be exempt from taxation thereon, except assessments for |
204 | special benefits, up to the assessed valuation of $25,000 |
205 | twenty-five thousand dollars and, for all levies other than |
206 | school district levies, on the assessed valuation greater than |
207 | $50,000 fifty thousand dollars and up to $75,000 seventy-five |
208 | thousand dollars, upon establishment of right thereto in the |
209 | manner prescribed by law. The real estate may be held by legal |
210 | or equitable title, by the entireties, jointly, in common, as a |
211 | condominium, or indirectly by stock ownership or membership |
212 | representing the owner's or member's proprietary interest in a |
213 | corporation owning a fee or a leasehold initially in excess of |
214 | 98 ninety-eight years. The exemption shall not apply with |
215 | respect to any assessment roll until such roll is first |
216 | determined to be in compliance with the provisions of Section 4 |
217 | by a state agency designated by general law. This exemption is |
218 | repealed on the effective date of any amendment to this Article |
219 | which provides for the assessment of homestead property at less |
220 | than just value. |
221 | (b) Not more than one exemption shall be allowed any |
222 | individual or family unit or with respect to any residential |
223 | unit. No exemption shall exceed the value of the real estate |
224 | assessable to the owner or, in case of ownership through stock |
225 | or membership in a corporation, the value of the proportion |
226 | which the interest in the corporation bears to the assessed |
227 | value of the property. |
228 | (c) By general law and subject to conditions specified |
229 | therein, the legislature may provide to renters, who are |
230 | permanent residents, ad valorem tax relief on all ad valorem tax |
231 | levies. Such ad valorem tax relief shall be in the form and |
232 | amount established by general law. |
233 | (d) The legislature may, by general law, allow counties or |
234 | municipalities, for the purpose of their respective tax levies |
235 | and subject to the provisions of general law, to grant an |
236 | additional homestead tax exemption not exceeding $50,000 fifty |
237 | thousand dollars to any person who has the legal or equitable |
238 | title to real estate and maintains thereon the permanent |
239 | residence of the owner and who has attained age 65 sixty-five |
240 | and whose household income, as defined by general law, does not |
241 | exceed $20,000 twenty thousand dollars. The general law must |
242 | allow counties and municipalities to grant this additional |
243 | exemption, within the limits prescribed in this subsection, by |
244 | ordinance adopted in the manner prescribed by general law, and |
245 | must provide for the periodic adjustment of the income |
246 | limitation prescribed in this subsection for changes in the cost |
247 | of living. |
248 | (e) Each veteran who is age 65 or older who is partially |
249 | or totally permanently disabled shall receive a discount from |
250 | the amount of the ad valorem tax otherwise owed on homestead |
251 | property the veteran owns and resides in if the disability was |
252 | combat related, the veteran was a resident of this state at the |
253 | time of entering the military service of the United States, and |
254 | the veteran was honorably discharged upon separation from |
255 | military service. The discount shall be in a percentage equal to |
256 | the percentage of the veteran's permanent, service-connected |
257 | disability as determined by the United States Department of |
258 | Veterans Affairs. To qualify for the discount granted by this |
259 | subsection, an applicant must submit to the county property |
260 | appraiser, by March 1, proof of residency at the time of |
261 | entering military service, an official letter from the United |
262 | States Department of Veterans Affairs stating the percentage of |
263 | the veteran's service-connected disability and such evidence |
264 | that reasonably identifies the disability as combat related, and |
265 | a copy of the veteran's honorable discharge. If the property |
266 | appraiser denies the request for a discount, the appraiser must |
267 | notify the applicant in writing of the reasons for the denial, |
268 | and the veteran may reapply. The legislature may, by general |
269 | law, waive the annual application requirement in subsequent |
270 | years. This subsection shall take effect December 7, 2006, is |
271 | self-executing, and does not require implementing legislation. |
272 | (f) As provided by general law and subject to conditions |
273 | specified therein, every person who establishes the right to |
274 | receive the homestead exemption provided in subsection (a) |
275 | within 1 year after purchasing the homestead property and who |
276 | has not owned property in the previous 3 years to which the |
277 | homestead exemption provided in subsection (a) applied is |
278 | entitled to an additional homestead exemption in an amount equal |
279 | to 50 percent of the homestead property's just value on January |
280 | 1 of the year the homestead is established for all levies other |
281 | than school district levies. The additional exemption shall |
282 | apply for a period of 5 years or until the year the property is |
283 | sold, whichever occurs first. The amount of the additional |
284 | exemption shall not exceed $200,000 and shall be reduced in each |
285 | subsequent year by an amount equal to 20 percent of the amount |
286 | of the additional exemption received in the year the homestead |
287 | was established or by an amount equal to the difference between |
288 | the just value of the property and the assessed value of the |
289 | property determined under Section 4(d), whichever is greater. |
290 | Not more than one exemption provided under this subsection shall |
291 | be allowed per homestead property. The additional exemption |
292 | shall apply to property purchased on or after January 1, 2011, |
293 | but shall not be available in the sixth and subsequent years |
294 | after the additional exemption is first received. |
295 | ARTICLE XII |
296 | SCHEDULE |
297 | SECTION 32. Property tax limit for nonhomestead property.- |
298 | This section and the amendment to Section 4 of Article VII |
299 | reducing the limit on the maximum annual increase in the |
300 | assessed value of nonhomestead property from 10 percent to 3 |
301 | percent shall take effect January 1, 2012. |
302 | SECTION 33. Additional homestead exemption for new owners |
303 | of homestead property.-This section and the amendment to Section |
304 | 6 of Article VII providing for an additional homestead exemption |
305 | for new owners of homestead property who have not owned |
306 | homestead property during the immediately preceding 3 years |
307 | shall take effect January 1, 2012, and the additional homestead |
308 | exemption shall be available for properties purchased on or |
309 | after January 1, 2011. |
310 | BE IT FURTHER RESOLVED that the following statement be |
311 | placed on the ballot: |
312 | CONSTITUTIONAL AMENDMENT |
313 | ARTICLE VII, SECTIONS 4, 6 |
314 | ARTICLE XII, SECTIONS 32, 33 |
315 | PROPERTY ASSESSMENT; NONHOMESTEAD INCREASE LIMITATION |
316 | REDUCTION; NEW HOMESTEAD OWNERS' ADDITIONAL EXEMPTION.- |
317 | (1) This amendment reduces from 10 percent to 3 percent |
318 | the limitation on annual increases in assessments of |
319 | nonhomestead real property and provides an effective date of |
320 | January 1, 2012. |
321 | (2) This amendment also provides new owners of homestead |
322 | property who have not owned homestead property during the |
323 | immediately preceding 3 years with an additional homestead |
324 | exemption equal to 50 percent of the property's just value in |
325 | the first year for all levies other than school district levies, |
326 | limited to $200,000; applies the additional exemption for the |
327 | shorter of 5 years or the year of sale of the property; reduces |
328 | the amount of the additional exemption in each succeeding year |
329 | for 5 years by the greater of 20 percent of the amount of the |
330 | initial additional exemption or the difference between the just |
331 | value and the assessed value of the property; limits the |
332 | additional exemption to one per homestead property; limits the |
333 | additional exemption to properties purchased on or after January |
334 | 1, 2011; prohibits availability of the additional exemption in |
335 | the sixth and subsequent years after the additional exemption is |
336 | granted; and provides for the amendment to take effect January |
337 | 1, 2012, and apply to properties purchased on or after January |
338 | 1, 2011. |