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Homestead Tax Exemption for Certain Senior, Low-Income, Long-Term Residents; Determination of Just Value

Reference:
ARTICLE VII, SECTION 6 & ARTICLE XII

Summary:
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Proposing an amendment to the State Constitution to revise the homestead tax exemption that may be granted by counties or municipalities for property with just value less than $250,000 owned by certain senior, low-income, long-term residents to specify that just value is determined in the first tax year the owner applies and is eligible for the exemption. The amendment takes effect January 1, 2017, and applies retroactively to exemptions granted before January 1, 2017.

Related Links:
http://www.myfloridahouse.gov/
Track Bill: 275

Sponsor:
The Florida Legislature

Status: Passed
Made Ballot: 03/11/2016 
Ballot Number: 5  
Election Date: 11/08/2016 
 Votes For: 6,891,472   
 Votes Against: 1,909,963   




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