Florida Senate - 2026                        COMMITTEE AMENDMENT
       Bill No. SJR 2-F
       
       
       
       
       
       
                                Ì966270'Î966270                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  06/01/2026           .                                
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       The Committee on Appropriations (Trumbull) recommended the
       following:
       
    1         Senate Amendment (with ballot amendment)
    2  
    3         Delete lines 206 - 291
    4  and insert:
    5         1.a.For school district levies, up to the assessed
    6  valuation of twenty-five thousand dollars; and
    7         2.b. For all levies other than school district levies,
    8         I.Beginning on January 1, 2027, up to the assessed
    9  valuation of one hundred and fifty thousand dollars greater than
   10  fifty thousand dollars and up to seventy-five thousand dollars.
   11         II.Beginning on January 1, 2028, up to the assessed
   12  valuation of two hundred and fifty thousand dollars.
   13         b.Every person who, on or after January 1, 2027, has the
   14  legal or equitable title to real estate and maintains thereon
   15  the permanent residence of the owner, or another legally or
   16  naturally dependent upon the owner, who had not maintained a
   17  permanent residence in this state as of December 31, 2026, shall
   18  be exempt from taxation thereon, except assessments for special
   19  benefits, as follows:
   20         1.For school district levies, up to the assessed valuation
   21  of twenty-five thousand dollars; and
   22         2.For all levies other than school district levies, up to
   23  the assessed valuation of fifty thousand dollars. Unless
   24  otherwise revised under sub-subparagraph (4)a.2., beginning with
   25  the fifth year of exemption under this subparagraph, such person
   26  shall be exempt up to the amount of assessed valuation provided
   27  by sub-sub-subparagraph a.2.II., as adjusted pursuant to
   28  subparagraph (2)a. The legislature shall, by general law,
   29  prescribe uniform procedures to administer this subparagraph.
   30  
   31  The exemptions provided by this paragraph apply only, upon
   32  establishment of right thereto in the manner prescribed by law.
   33  The real estate may be held by legal or equitable title, by the
   34  entireties, jointly, in common, as a condominium, or indirectly
   35  by stock ownership or membership representing the owner’s or
   36  member’s proprietary interest in a corporation owning a fee or a
   37  leasehold initially in excess of ninety-eight years. The
   38  exemptions exemption shall not apply with respect to any
   39  assessment roll until such roll is first determined to be in
   40  compliance with the provisions of section 4 by a state agency
   41  designated by general law. These exemptions are This exemption
   42  is repealed on the effective date of any amendment to this
   43  Article which provides for the assessment of homestead property
   44  at less than just value.
   45         (2)a. The twenty-five thousand dollar amount of assessed
   46  valuation exempt from taxation provided in sub-sub-subparagraph
   47  (1)a.2.II. subparagraph (a)(1)b. shall be adjusted annually for
   48  inflation beginning on January 1, 2029, and of each year
   49  thereafter, for inflation using the percent change in the
   50  Consumer Price Index for All Urban Consumers, U.S. City Average,
   51  all items 1967=100, or successor reports for the preceding
   52  calendar year as initially reported by the United States
   53  Department of Labor, Bureau of Labor Statistics, if such percent
   54  change is positive.
   55         b.The amount of assessed valuation exempt from taxation
   56  provided in sub-subparagraph (1)b.2. shall be adjusted annually
   57  for inflation beginning on January 1, 2028, and each year
   58  thereafter, using the percent change in the Consumer Price Index
   59  for All Urban Consumers, U.S. City Average, all items 1967=100,
   60  or successor reports for the preceding calendar year as
   61  initially reported by the United States Department of Labor,
   62  Bureau of Labor Statistics, if such percent change is positive.
   63         (3) Except for the exemptions provided in sub-subparagraphs
   64  (1)a.2. and b.2. and paragraph (4), the amount of assessed
   65  valuation exempt from taxation for which every person who has
   66  the legal or equitable title to real estate and maintains
   67  thereon the permanent residence of the owner, or another person
   68  legally or naturally dependent upon the owner, is eligible, and
   69  which applies solely to levies other than school district
   70  levies, that is added to this constitution after January 1,
   71  2025, shall be adjusted annually on January 1 of each year for
   72  inflation using the percent change in the Consumer Price Index
   73  for All Urban Consumers, U.S. City Average, all items 1967=100,
   74  or successor reports for the preceding calendar year as
   75  initially reported by the United States Department of Labor,
   76  Bureau of Labor Statistics, if such percent change is positive,
   77  beginning the year following the effective date of such
   78  exemption.
   79         (4)a.1.The legislature shall, by general law, prescribe a
   80  uniform procedure for counties and municipalities, for their
   81  respective levies, to increase the amount of assessed valuation
   82  exempt from taxation under paragraph (1), up to all remaining
   83  assessed valuation.
   84         2. Beginning on or after January 1, 2030, a county or
   85  municipality, by two-thirds vote of the membership of the
   86  governing body, may determine that a reduction of the five-year
   87  requirement provided under sub-subparagraph (1)b.2. is warranted
   88  for a critical local need.
   89         b.1.A special district may, upon approval by referendum by
   90  the electors of the district, increase the amount of assessed
   91  valuation exempt from taxation under sub-subparagraphs (1)a.2.
   92  and b.2., for its
   93  
   94  ====== B A L L O T  S T A T E M E N T  A M E N D M E N T ======
   95  And the ballot statement is amended as follows:
   96         Delete line 467
   97  and insert:
   98  first $250,000 of a homestead’s value from taxation for all
   99  levies other than school district levies and