The Florida Senate

¹193.156  Transitional assessment of homestead property; effective date.--

(1)  Each person entitled to a homestead exemption under s. 6, Art. VII of the State Constitution shall continue to have his or her current homestead assessed under s. 4(c), Art. VII of the State Constitution until the person makes an irrevocable election to no longer have his or her homestead assessed under s. 4(c), Art. VII of the State Constitution. After the irrevocable election is made, the homestead may not be assessed under s. 4(c), Art. VII of the State Constitution.

(2)  The exemption provided in s. 6(a), Art. VII of the State Constitution to each person entitled to have the person's homestead assessed under s. 4(c), Art. VII of the State Constitution pursuant to subsection (1) shall be limited to the exemption the person would have been entitled to under s. 6(a)-(d), Art. VII of the State Constitution as it existed on the day before the effective date of this section.

History.--s. 32, ch. 2007-321.

¹Note.--

A.  Section 34, ch. 2007-321, provides that "[e]xcept as otherwise expressly provided in this act, this act and section 33 of this act shall take effect [June 21, 2007], sections 13 through 32 of this act shall take effect only upon the effective date of amendments to the State Constitution contained in Senate Joint Resolution 4B or House Joint Resolution 3B revising the homestead tax exemption and providing an exemption from ad valorem taxation for tangible personal property and property used for workforce and affordable rental housing, and sections 13 through 32 of this act shall apply retroactively to the 2008 tax roll if the amendments to the State Constitution contained in Senate Joint Resolution 4B or House Joint Resolution 3B are approved in a special election held on January 29, 2008, or shall apply to the 2009 tax roll if the amendments to the State Constitution contained in Senate Joint Resolution 4B or House Joint Resolution 3B are approved in the general election held in November of 2008."

B.  Section 1, ch. 2007-322, provides that "[p]ursuant to Section 5 of Article XI of the State Constitution, there shall be a special election on January 29, 2008, to be held concurrently with other statewide elections held on that date, if any, at which there shall be submitted to the electors of this state for approval or rejection the amendments to the State Constitution proposed in House Joint Resolution 3B or Senate Joint Resolution 4B, 2007B Special Session."