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A Minimum of 75% of property shall be exempt from property tax.
07-24

Reference:
Article VII, Section 3

Summary:
  View Full Text (pdf)
By general law and subject to conditions specified therein, not less than a minimum of 75 percent of the just value of property subject to property taxes shall be exempt from taxation. The taxable value of property will be 25 percent of its just value under this exemption or it will be the current taxable value which ever is less. For purposes of this subsection, the phrase �just value� is synonymous with �market value�.

Sponsor:
Florida Ballot Initiative
Post Office Box 7256
Jupiter, FL 33468-7256
  Contact: Richard Antolinez, Chairperson

Signatures:
Statewide total needed for judicial and financial impact review (signed by 25% of voters required by s. 3, Art. XI of the State Constitution in one-half of the congressional districts): 61,113 
Statewide total needed to make ballot position (signed by 8% of the voters in at least one-half of Florida's congressional districts and in the state as whole as of the last presidential election): 611,009 
Statewide total currently valid: 0*
Congressional district totals needed for judicial and economic reviews and ballot placement, with currently valid signatures: View by District by County
*Statewide and congressional district totals for ballot position are NOT OFFICAL until the Secretary of State determines the requisite signatures have been obtained and issues a certificate of ballot position. Once an initiative petition is certified for ballot position, total currently valid may exceed the official totals at time of certification. For status on ballot position, see Status Table below.
 
To find out the signature threshold required in each Congressional District for review and ballot position, the current number of verified signatures in each Congressional District by county, and how many Congressional Districts may have met or exceeded signature thresholds, click the link above titled "View by District by County".

Status: Withdrawn
Approval Date: 10/18/2007 
Undue Burden:  
Made Review:  
Attorney General:  
Sent to Supreme Court:  
Supreme Court Ruling:  
SC Ruling Date:  
Made Ballot:  
Ballot Number: 0  
Election Year: 2008 




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