CS/HJR 655 (2010) -  Nonhomestead Property Assessment Limit; Additional Homestead Exemption

Joint Resolution by Finance & Tax Council and Domino (CO-SPONSORS) Adams; Carroll; Fresen; Gaetz; Hasner; Holder; Nehr; Poppell; Randolph; Tobia; Williams, T.
Nonhomestead Property Assessment Limit; Additional Homestead Exemption: Proposes amendment to ss. 4 & 6, Art. VII & creation of ss. 31 & 32, Art. XII of State Constitution to reduce from 10 percent to 5 percent limitation on annual increases in assessments of nonhomestead real property; provide new owners of homestead property who have not owned homestead property during immediately preceding 3 years with additional homestead exemption equal to 50 percent of property's just value in first year for all levies other than school district levies, limited to $200,000; reduce amount of additional exemption in each succeeding year for 5 years by greater of 20 percent of amount of initial additional exemption or difference between just value & assessed value of property; limit additional exemption to one per homestead property; limit additional exemption to properties purchased after January 1, 2010; prohibit availability of additional exemption in 6th & subsequent years after additional exemption is granted; provide for amendments to take effect January 1, 2011, & apply to properties purchased on or after January 1, 2010.
Effective Date: Not Specified
Last Event: Died in Rules & Calendar Council on Friday, April 30, 2010 6:59 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SJR 1254 Subject: Property/Annual Assessment/Exemption [WPSC] Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Finance & Tax Council 3/29/2010 9:28:36 AM
Chamber: House Committee: Finance & Tax Council 3/23/2010 9:57:44 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Rules & Calendar Council Time: 04/30/2010 - 6:59 PM Member: Committee: Rules & Calendar Council Version: c1
Event: H Now in Rules & Calendar Council Time: 03/30/2010 - 1:08 PM Member: Committee: Rules & Calendar Council Version: c1
Event: H Referred to Rules & Calendar Council Time: 03/30/2010 - 1:08 PM Member: Committee: Rules & Calendar Council Version: c1
Event: H 1st Reading Time: 03/29/2010 - 5:28 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/29/2010 - 9:59 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.20 Time: 03/29/2010 - 9:59 AM Member: Committee: Version: __
Event: H Reported out of Finance & Tax Council Time: 03/29/2010 - 9:20 AM Member: Committee: Finance & Tax Council Version: __
Event: H Favorable with CS by Finance & Tax Council Time: 03/25/2010 - 6:00 PM Member: Committee: Finance & Tax Council Version: __
Event: H Added to Finance & Tax Council agenda Time: 03/23/2010 - 4:22 PM Member: Committee: Finance & Tax Council Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Now in Finance & Tax Council Time: 01/28/2010 - 2:54 PM Member: Committee: Finance & Tax Council Version: __
Event: H Referred to Rules & Calendar Council Time: 01/28/2010 - 2:54 PM Member: Committee: Rules & Calendar Council Version: __
Event: H Referred to Policy Council Time: 01/28/2010 - 2:54 PM Member: Committee: Policy Council Version: __
Event: H Referred to Finance & Tax Council Time: 01/28/2010 - 2:54 PM Member: Committee: Finance & Tax Council Version: __
Event: H Filed Time: 01/13/2010 - 3:16 PM Member: Domino Committee: Version: __