HJR 5C (2007) - Alternative Homestead Property Assessment, Taxation, Exemption

Joint Resolution by Robaina (CO-SPONSORS) Garcia

Alternative Homestead Property Assessment, Taxation, Exemption: Proposes amendments to State Constitution to provide for changing assessment of homestead property each year by percentage change in market value of property from prior year & limit increases in assessments to lower of 3 percent or the percentage change in CPI, taxing homestead property at 1.5 percent of just value of property, & providing for homestead exemption equal to median value of single-family homes in county in which homestead is located & double exemption for low-income homestead owners 65 years of age or older; preserves existing assessment, taxation, & exemption of homestead property but provides for an irrevocable election by homestead owner to apply provisions of amendments to homestead property; limits revising provisions of the amendment to citizen's initiative; & schedules effective date of amendments. Amends ss. 2, 4, & 6, Art. VII; creates s. 19, Art. VII & s. 27, Art. XII.

Effective Date: Not Specified

Last Event: Died, Not Introduced on Friday, October 12, 2007 1:36 PM

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Vote History

(No Votes Recorded)

Bill History

Event	Time	Member	Committee	Ver.
Event: H Died, Not Introduced	Time: 10/12/2007 - 1:36 PM	Member:	Committee:	Version:
Event: H Filed	Time: 09/29/2007 - 1:19 PM	Member: Robaina	Committee:	Version: __