Florida Senate - 2017                              CS for SJR 76
       
       
        
       By the Committee on Appropriations; and Senators Lee, Garcia,
       and Perry
       
       
       
       
       576-03512-17                                            201776c1
    1                       Senate Joint Resolution                     
    2         A joint resolution proposing an amendment to Section
    3         27 of Article XII of the State Constitution to remove
    4         a future repeal of provisions in Section 4 of Article
    5         VII that limit the amount of annual increases in
    6         assessments, except for school district levies, of
    7         specified nonhomestead real property.
    8          
    9  Be It Resolved by the Legislature of the State of Florida:
   10  
   11         That the following amendment to Section 27 of Article XII
   12  of the State Constitution is agreed to and shall be submitted to
   13  the electors of this state for approval or rejection at the next
   14  general election:
   15                             ARTICLE XII                           
   16                              SCHEDULE                             
   17         SECTION 27. Property tax exemptions and limitations on
   18  property tax assessments.—
   19         (a) The amendments to Sections 3, 4, and 6 of Article VII,
   20  providing a $25,000 exemption for tangible personal property,
   21  providing an additional $25,000 homestead exemption, authorizing
   22  transfer of the accrued benefit from the limitations on the
   23  assessment of homestead property, and this section, if submitted
   24  to the electors of this state for approval or rejection at a
   25  special election authorized by law to be held on January 29,
   26  2008, shall take effect upon approval by the electors and shall
   27  operate retroactively to January 1, 2008, or, if submitted to
   28  the electors of this state for approval or rejection at the next
   29  general election, shall take effect January 1 of the year
   30  following such general election. The amendments to Section 4 of
   31  Article VII creating subsections (g) (f) and (h) (g) of that
   32  section, creating a limitation on annual assessment increases
   33  for specified real property, shall take effect upon approval of
   34  the electors and shall first limit assessments beginning January
   35  1, 2009, if approved at a special election held on January 29,
   36  2008, or shall first limit assessments beginning January 1,
   37  2010, if approved at the general election held in November of
   38  2008. Subsections (f) and (g) of Section 4 of Article VII are
   39  repealed effective January 1, 2019; however, the legislature
   40  shall by joint resolution propose an amendment abrogating the
   41  repeal of subsections (f) and (g), which shall be submitted to
   42  the electors of this state for approval or rejection at the
   43  general election of 2018 and, if approved, shall take effect
   44  January 1, 2019.
   45         (b) The amendment to subsection (a) abrogating the
   46  scheduled repeal of subsections (g) and (h) of Section 4 of
   47  Article VII of the State Constitution as it existed in 2017,
   48  shall take effect January 1, 2019.
   49         BE IT FURTHER RESOLVED that the following statement be
   50  placed on the ballot:
   51                      CONSTITUTIONAL AMENDMENT                     
   52                       ARTICLE XII, SECTION 27                     
   53         LIMITATIONS ON PROPERTY TAX ASSESSMENTS.—Proposing an
   54  amendment to the State Constitution to retain provisions adopted
   55  in 2008 that limit increases in assessments, except for school
   56  district levies, of specified nonhomestead real property, to 10
   57  percent each year. If approved, the amendment removes the
   58  scheduled repeal of such provisions in 2019 and shall take
   59  effect January 1, 2019.