FL S0112

Proposes constitutional amendment allowing homestead property assessment caps to transfer to inheriting spouses, children, or grandchildren who make the property their homestead

Permits inherited homestead property to retain the previous owner's assessment cap rather than resetting to just value upon inheritance

Applies transfer of assessment cap only when the inheritor establishes the property as their homestead under Section 6 of Article VII

Requires voter approval through general election or special election as specified by law

Replaces existing severability clause with new inheritance provision in Section 4(d)(7) of the state constitution