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HJR 381 - Homestead and Property Assessment - Florida Key Vote

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Title: Homestead and Property Assessment

Vote Smart's Synopsis:

Vote to pass joint resolution that submits a constitutional amendment to the voters that proposes tax cuts for certain property owners, including homestead owners.

Highlights:

  • Reduces taxes for qualified property owners based on evaluation of just property value (Sec. 4).
  • Specifies that those who qualify for homestead exemption within one year of purchasing their homestead property and who have not owned property for the previous three years are also entitled to an additional homestead exemption for all levies except for school district levies equal to 50 percent of the property's value (Sec. 6).
  • Senator Latvala entered a paired vote with Senator Bullard. Bullard would vote "nay", if present, and Latvala would vote "yea".

NOTE: AN AMENDMENT TO THE CONSTITUTION REQUIRES THREE-FIFTHS APPROVAL IN EACH CHAMBER FOR PASSAGE. IT MUST THEN BE APPROVED BY SIXTY PERCENT OF CITIZENS VOTING IN THE NEXT ELECTION TO BECOME EFFECTIVE.

Full Bill Text

NOTE: AN AMENDMENT TO THE CONSTITUTION REQUIRES THREE-FIFTHS APPROVAL IN EACH CHAMBER FOR PASSAGE. IT MUST THEN BE APPROVED BY SIXTY PERCENT OF CITIZENS VOTING IN THE NEXT ELECTION TO BECOME EFFECTIVE.

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