HJR 7261 (2006) -  Assessment of Homestead Property

Joint Resolution by Finance & Tax Committee and Brummer
Assessment of Homestead Property: Proposes amendments to ss. 4 and 6, Art. VII and the creation of s. 26, Art. XII of the State Constitution to limit the difference between the just value and assessed value of homestead property to $100,000 except property established as homestead property before January 1, 2007, for which the difference between just value and assessed value may not exceed the difference between just value and assessed value existing on January 1, 2007, plus $100,000; provides that homeowners who move from one homestead property to another in the same county would have the new homestead property assessed at up to $100,000 less than just value depending on the differential between the just value and the assessed value of their previous homestead property; provides for a phased increase in the exemption for homestead property from $25,000 to $50,000 over 10 years; and schedules the amendments to take effect January 1, 2007, if adopted.
Effective Date: Not Specified
Last Event: Died in Fiscal Council on Friday, May 5, 2006 11:59 PM

PCB committee actions:

  • PCB FT 06-07 recommended by:
    Finance & Tax Committee
    • On agenda for: 03/31/06   8:30 AM View Notice
    • Favorable With Council Substitute (final action) See Votes

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: HJR 33 CS Subject: Homestead Property Assessments Relationship: Compare
Bill #: HJR 239 Subject: Homestead Property Assessments after Changes in Ownership Relationship: Compare
Bill #: HJR 417 Subject: Taxation; Homestead Property Assessments Relationship: Compare
Bill #: SJR 112 Subject: Homestead Property Assessments Relationship: Compare
Bill #: SJR 138 Subject: Homestead Property/Just Value Relationship: Compare
Bill #: SJR 184 Subject: Homestead Property Assessments Relationship: Compare
Bill #: SJR 384 Subject: Assessments of Homestead Property Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Finance & Tax Committee 4/5/2006 9:28:58 AM
Chamber: House Committee: Finance & Tax Committee 3/30/2006 12:42:06 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Fiscal Council Time: 05/05/2006 - 11:59 PM Member: Committee: Fiscal Council Version:
Event: H 1st Reading Time: 04/05/2006 - 7:01 PM Member: Committee: Version: __
Event: H Now in Fiscal Council Time: 04/05/2006 - 11:39 AM Member: Committee: Fiscal Council Version: __
Event: H Referred to Fiscal Council Time: 04/05/2006 - 11:39 AM Member: Committee: Fiscal Council Version: __
Event: H Filed Time: 04/03/2006 - 10:43 AM Member: Committee: Finance & Tax Committee Version: __