| 1 | Representative(s) Robaina offered the following: |
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| 3 | Amendment to Amendment (749169) (with directory, schedule, |
| 4 | ballot, and title amendments) |
| 5 | Between lines 384 and 385, insert: |
| 6 | SECTION 19. State sales tax increase; required local |
| 7 | effort.--The legislature shall provide for an increase in the |
| 8 | rate of the state tax on sales, use, and other transactions |
| 9 | imposed by general law by an additional two percent (2%). The |
| 10 | legislature shall apply each year the amount of additional |
| 11 | revenues generated by the increase in the state tax on sales, |
| 12 | use, and other transactions required by this section to reduce |
| 13 | the required local effort imposed upon school districts for |
| 14 | funding education finance as required by general law. |
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| 18 | ----------------------------------------------------- |
| 19 | D I R E C T O R Y A M E N D M E N T |
| 20 | Remove line(s) 5-7 and insert: |
| 21 | That the following amendments to Sections 3, 4, 6, and 9 |
| 22 | and the creation of Section 19 of Article VII, the amendment to |
| 23 | Section 1 of Article VIII, and the creation of Sections 27, 28, |
| 24 | and 29 of Article XII of the State Constitution are |
| 25 |
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| 26 | ----------------------------------------------------- |
| 27 | S C H E D U L E A M E N D M E N T |
| 28 | Remove line(s) 485-501 and insert: |
| 29 | SECTION 28. State sales tax increase; annual appropriation |
| 30 | to fund required local effort.--During the next regular session |
| 31 | of the legislature after the effective date of the creation of |
| 32 | Section 19 of Article VII, the legislature shall provide by |
| 33 | general law for an increase of two percent in the rate of the |
| 34 | state tax on sales, use, and other transactions. The legislature |
| 35 | shall appropriate each year an amount equal to the total amount |
| 36 | generated by the two percent increase in the rate of the state |
| 37 | tax on sales, use, and other transactions for the purpose of |
| 38 | reducing the required local effort imposed upon school districts |
| 39 | for funding education finance as required by general law. |
| 40 | SECTION 29. Property tax exemptions; ad valorem tax |
| 41 | limitations; state sales tax increase.--The amendments to |
| 42 | Sections 3, 4, 6, and 9 of Article VII providing a $25,000 |
| 43 | exemption for tangible personal property, providing an |
| 44 | additional alternative homestead exemption, authorizing transfer |
| 45 | of the cumulative benefit from the limitations on the assessment |
| 46 | of homestead property, creating a limitation on annual |
| 47 | assessment increases for specified real property, providing for |
| 48 | an additional alternative homestead exemption for low-income |
| 49 | seniors, providing for assessing rent-restricted affordable |
| 50 | housing and commercial and public-access waterfront property |
| 51 | pursuant to general law, and requiring the legislature to limit |
| 52 | the authority of counties, municipalities, and special districts |
| 53 | to increase ad valorem taxes, the creation of Section 27 of this |
| 54 | Article providing for election of a county property appraiser or |
| 55 | a person responsible for the duties of a property appraiser, the |
| 56 | creation of Section 28 of this Article requiring the legislature |
| 57 | to increase the state sales and use tax and appropriate |
| 58 | additional revenues from the increase to reduce the required |
| 59 | local effort imposed upon school districts, and this section, if |
| 60 | submitted to the electors of this state for approval |
| 61 |
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| 62 | ----------------------------------------------------- |
| 63 | B A L L O T A M E N D M E N T |
| 64 | Remove line(s) 511-581 and insert: |
| 65 | ARTICLE VII, SECTIONS 3, 4, 6, 9, AND 19 |
| 66 | ARTICLE VIII, SECTION 1 |
| 67 | ARTICLE XII, SECTIONS 27, 28, AND 29 |
| 68 | PROPERTY TAX EXEMPTIONS; LIMITATIONS ON AD VALOREM TAX |
| 69 | INCREASES; SALES TAX INCREASE; ELECTED PROPERTY |
| 70 | APPRAISERS.--This revision proposes changes to the State |
| 71 | Constitution relating to ad valorem taxation, sales and use tax, |
| 72 | and elected property appraisers. With respect to homestead |
| 73 | property, this revision: (1) provides for an additional |
| 74 | alternative homestead exemption for most homeowners, (2) |
| 75 | provides for an additional alternative homestead exemption for |
| 76 | low-income seniors, and (3) provides for the transfer of Save- |
| 77 | Our-Homes benefits that are not related to school district |
| 78 | levies. With respect to nonhomestead property, this revision |
| 79 | allows the Legislature to provide by law for the assessment of |
| 80 | (4) affordable housing and (5) certain waterfront property under |
| 81 | specific circumstances, (6) provides a $25,000 exemption for |
| 82 | tangible personal property, and (7) provides for limitations on |
| 83 | assessment increases for real property that is not homestead |
| 84 | property. Further, this revision (8) requires the Legislature to |
| 85 | limit the authority of local governments other than school |
| 86 | districts to increase property taxes, (9) provides for a 2- |
| 87 | percent increase in the state sales and use tax and applies |
| 88 | revenues from the increase to reduce required local effort for |
| 89 | school districts, and (10) requires all county property |
| 90 | appraisers or persons responsible for the duties of a property |
| 91 | appraiser in certain counties in which the office of property |
| 92 | appraiser has been abolished to be elected. |
| 93 | In more detail, this revision: |
| 94 | (1) Provides for an additional homestead exemption equal |
| 95 | to 40 percent of the median just value of homestead property in |
| 96 | the county for the prior year for the portion of the assessed |
| 97 | value greater than $50,000. This exemption applies in any year |
| 98 | in which the amount of the exemption exceeds the amount of the |
| 99 | cumulative assessment limitation provided under Save Our Homes. |
| 100 | This exemption does not apply to school district levies. |
| 101 | (2) Provides for an additional homestead exemption for |
| 102 | certain low-income seniors. Persons 65 or older whose household |
| 103 | income is less than $23,604, adjusted annually for inflation, |
| 104 | are entitled to an additional alternative homestead exemption. |
| 105 | This exemption applies in any year in which the amount of the |
| 106 | exemption exceeds the amount of the cumulative assessment |
| 107 | limitation provided under Save Our Homes. This exemption does |
| 108 | not apply to school district levies. |
| 109 | (3) Provides for the transfer of cumulative Save-Our-Homes |
| 110 | benefits in a manner that does not affect school district |
| 111 | levies. Homestead property owners will be able to transfer their |
| 112 | Save-Our-Homes benefit to a new homestead within 2 years after |
| 113 | relinquishing their previous homestead; except, if the new |
| 114 | homestead is established on January 1, 2008, the previous |
| 115 | homestead must have been relinquished in 2007. If the new |
| 116 | homestead has a higher just value than the old one, the benefit |
| 117 | can be transferred; if the new homestead has a lower just value, |
| 118 | the amount of benefit transferred will be reduced in proportion |
| 119 | of the just value of the new homestead to the just value of the |
| 120 | old homestead. The transferred benefit may not exceed $1 |
| 121 | million. This provision does not apply to school district levies |
| 122 | on the new homestead. |
| 123 | (4) Provides for assessing certain rent-restricted |
| 124 | affordable housing property as provided by general law. This |
| 125 | provision does not apply to school district levies. |
| 126 | (5) Provides for assessing certain waterfront property |
| 127 | used for commercial fishing, commercial water-dependent |
| 128 | activities, and public access as provided by general law. This |
| 129 | provision does not apply to school district levies. |
| 130 | (6) Authorizes an exemption from ad valorem taxes of |
| 131 | $25,000 of assessed value of tangible personal property. This |
| 132 | provision applies to all tax levies. |
| 133 | (7) Creates a limitation on assessment increases for |
| 134 | specified real property that is not entitled to the homestead |
| 135 | exemption. |
| 136 | (8) Requires the Legislature to limit the authority of |
| 137 | counties, municipalities, and special districts to increase ad |
| 138 | valorem taxes. |
| 139 | (9) Requires the Legislature to increase the state sales |
| 140 | and use tax by 2 percent and appropriate additional revenues |
| 141 | from the increase to reduce the required local effort imposed |
| 142 | upon school districts. |
| 143 | (10) Requires each county to elect a property appraiser or |
| 144 |
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| 145 | ----------------------------------------------------- |
| 146 | T I T L E A M E N D M E N T |
| 147 | Remove line(s) 610-624 and insert: |
| 148 | 6, 9, and 19 of Article VII, the amendment to Section 1 of |
| 149 | Article VIII, and the creation of Sections 27, 28, and 29 of |
| 150 | Article XII of the State Constitution, to require an exemption |
| 151 | from ad valorem taxation for tangible personal property, to |
| 152 | provide for the transfer of the cumulative benefit from the |
| 153 | limitation on the assessed value of homestead property, to |
| 154 | provide for assessing rent-restricted affordable housing and |
| 155 | commercial and public-access waterfront property by general law, |
| 156 | to create a limitation on annual assessment increases for |
| 157 | specified real property, to create an additional alternative |
| 158 | homestead exemption, to provide for an additional alternative |
| 159 | homestead exemption for low-income seniors, to require the |
| 160 | Legislature to limit county, municipality, and special district |
| 161 | authority to increase ad valorem taxes, to increase the state |
| 162 | sales and use tax and apply revenues from the increase to reduce |
| 163 | the required local effort for school districts, to |