Florida Senate - 2024 COMMITTEE AMENDMENT Bill No. SJR 1560 Ì429396UÎ429396 LEGISLATIVE ACTION Senate . House Comm: RCS . 02/20/2024 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Finance and Tax (Collins) recommended the following: 1 Senate Amendment 2 3 Delete lines 76 - 117 4 and insert: 5 classified as agricultural land, as specified by general law; 6 used on such property in the production of agricultural products 7 or for agritourism activities; and owned by the landowner or 8 leaseholder of the agricultural land shall be exempt from ad 9 valorem taxation. 10 (f) There shall be granted an ad valorem tax exemption for 11 real property dedicated in perpetuity for conservation purposes, 12 including real property encumbered by perpetual conservation 13 easements or by other perpetual conservation protections, as 14 defined by general law. 15 (g) By general law and subject to the conditions specified 16 therein, each person who receives a homestead exemption as 17 provided in section 6 of this article; who was a member of the 18 United States military or military reserves, the United States 19 Coast Guard or its reserves, or the Florida National Guard; and 20 who was deployed during the preceding calendar year on active 21 duty outside the continental United States, Alaska, or Hawaii in 22 support of military operations designated by the legislature 23 shall receive an additional exemption equal to a percentage of 24 the taxable value of his or her homestead property. The 25 applicable percentage shall be calculated as the number of days 26 during the preceding calendar year the person was deployed on 27 active duty outside the continental United States, Alaska, or 28 Hawaii in support of military operations designated by the 29 legislature divided by the number of days in that year. 30 ARTICLE XII 31 SCHEDULE 32 Ad valorem exemption for tangible personal property on land 33 classified as agricultural.—This section and the amendment to 34 Section 3 of Article VII, which authorizes the Legislature to 35 provide for a tax exemption for certain tangible personal 36 property, apply beginning with the 2026 tax roll. 37 38 BE IT FURTHER RESOLVED that the following statement be 39 placed on the ballot: 40 CONSTITUTIONAL AMENDMENT 41 ARTICLE VII, SECTION 3 42 ARTICLE XII 43 AUTHORIZING LEGISLATURE TO EXEMPT TANGIBLE PERSONAL 44 PROPERTY ON AGRICULTURAL LAND FROM TAXATION.—Proposing an 45 amendment to the State Constitution to authorize the 46 Legislature, beginning with the 2026 tax roll, to exempt 47 tangible personal property located on land classified as 48 agricultural, used on such property in the production of 49 agricultural products or for agritourism activities, and owned 50 by the landowner or leaseholder of the