Florida Senate - 2011 COMMITTEE AMENDMENT Bill No. CS for SJR 658 Barcode 158340 LEGISLATIVE ACTION Senate . House Comm: RCS . 05/18/2011 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Judiciary (Richter) recommended the following: 1 Senate Amendment to Substitute Amendment (891718) (with 2 ballot amendment) 3 4 Delete lines 142 - 147 5 and insert: 6butthose changes in assessments mayshallnot exceed 5ten7 percent(10%)of the assessment for the prior year. The 8 legislature may provide by general law that an assessment may 9 not increase if the just value of the property is less than the 10 just value of the property on the preceding date of assessment 11 provided by law. 12 13 Delete lines 165 - 170 14 and insert: 15butthose changes in assessments mayshallnot exceed 5ten16 percent(10%)of the assessment for the prior year. The 17 legislature may provide by general law that an assessment may 18 not increase if the just value of the property is less than the 19 just value of the property on the preceding date of assessment 20 provided by law. 21 22 Delete lines 336 - 339 23 and insert: 24 amendment to Section 4 of Article VII protecting homestead 25 property having a declining just value and reducing the limit on 26 the maximum annual increase in the assessed value of 27 nonhomestead property from 10 percent to 5 28 29 ====== B A L L O T S T A T E M E N T A M E N D M E N T ====== 30 And the ballot statement is amended as follows: 31 Delete line 381 32 and insert: 33 (2) This amendment reduces from 10 percent to 5 percent the