Florida Senate - 2017 COMMITTEE AMENDMENT Bill No. SJR 76 Ì967958lÎ967958 LEGISLATIVE ACTION Senate . House Comm: RCS . 02/22/2017 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Appropriations Subcommittee on Finance and Tax (Lee) recommended the following: 1 Senate Amendment (with ballot and title amendments) 2 3 Delete everything after the resolving clause 4 and insert: 5 That the following amendment to Section 27 of Article XII 6 of the State Constitution is agreed to and shall be submitted to 7 the electors of this state for approval or rejection at the next 8 general election: 9 ARTICLE XII 10 SCHEDULE 11 SECTION 27. Property tax exemptions and limitations on 12 property tax assessments.— 13 (a) The amendments to Sections 3, 4, and 6 of Article VII, 14 providing a $25,000 exemption for tangible personal property, 15 providing an additional $25,000 homestead exemption, authorizing 16 transfer of the accrued benefit from the limitations on the 17 assessment of homestead property, and this section, if submitted 18 to the electors of this state for approval or rejection at a 19 special election authorized by law to be held on January 29, 20 2008, shall take effect upon approval by the electors and shall 21 operate retroactively to January 1, 2008, or, if submitted to 22 the electors of this state for approval or rejection at the next 23 general election, shall take effect January 1 of the year 24 following such general election. The amendments to Section 4 of 25 Article VII creating subsections (g)(f)and (h)(g)of that 26 section, creating a limitation on annual assessment increases 27 for specified real property, shall take effect upon approval of 28 the electors and shall first limit assessments beginning January 29 1, 2009, if approved at a special election held on January 29, 30 2008, or shall first limit assessments beginning January 1, 31 2010, if approved at the general election held in November of 32 2008.Subsections (f) and (g) of Section 4 of Article VII are33repealed effective January 1, 2019; however, the legislature34shall by joint resolution propose an amendment abrogating the35repeal of subsections (f) and (g), which shall be submitted to36the electors of this state for approval or rejection at the37general election of 2018 and, if approved, shall take effect38January 1, 2019.39 (b) The amendment to subsection (a) abrogating the 40 scheduled repeal of subsections (g) and (h) of Section 4 of 41 Article VII of the State Constitution as it existed in 2017, 42 shall take effect January 1, 2019. 43 44 ====== B A L L O T S T A T E M E N T A M E N D M E N T ====== 45 And the ballot statement is amended as follows: 46 Delete everything after the resolving clause 47 and insert: 48 CONSTITUTIONAL AMENDMENT 49 ARTICLE XII, SECTION 27 50 LIMITATIONS ON PROPERTY TAX ASSESSMENTS.—Proposing an 51 amendment to the State Constitution to retain provisions adopted 52 in 2008 that limit increases in assessments, except for school 53 district levies, of specified nonhomestead real property, to 10 54 percent each year. If approved, the amendment removes the 55 scheduled repeal of such provisions in 2019 and shall take 56 effect January 1, 2019. 57 58 ================= T I T L E A M E N D M E N T ================ 59 And the title is amended as follows: 60 Delete everything before the resolving clause 61 and insert: 62 A bill to be entitled 63 A joint resolution proposing an amendment to Section 64 27 of Article XII of the State Constitution to remove 65 a future repeal of provisions in Section 4 of Article 66 VII that limit the amount of annual increases in 67 assessments, except for school district levies, of 68 specified nonhomestead real property.