HJR 949 - Property Taxes Cap - Florida Key Vote

Stage Details

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Title: Property Taxes Cap

Vote Smart's Synopsis:

Vote to pass a joint resolution proposing a constitutional amendment that sets a maximum level of property taxes that counties, school districts and municipalities may levy.

Highlights:

- Prohibits a property tax levy of more than 1.35% of its highest taxable value (sec. 1).

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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