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Limitation on Assessment of Real Property Used for Residential Purposes

Reference:
Article VII, Section 4; Article XII, Section 42

Summary:
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Proposing an amendment to the State Constitution, effective January 1, 2023, to authorize the Legislature, by general law, to prohibit the consideration of any change or improvement made to real property used for residential purposes to improve the property's resistance to flood damage in determining the assessed value of such property for ad valorem taxation purposes.

Related Links:
Track Bill: HJR 1377
http://www.myfloridahouse.gov/

Sponsor:
The Florida Legislature

Status: Defeated
Made Ballot: 05/11/2021 
Ballot Number: 1  
Election Date: 11/08/2022 
 Votes For: 4,015,949   
 Votes Against: 2,997,125   




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