FL S0838

Proposes constitutional amendment to Section 4, Article VII allowing counties and municipalities to limit homestead assessments for low-income seniors receiving the additional homestead tax exemption (age 65+, household income approximately $26,000 or less).

Permits counties and municipalities to freeze assessments at prior year value if the property's just value does not exceed 150 percent of the average just value of homestead property in that county or municipality.

Allows counties and municipalities to adopt assessment limitations by ordinance and designates a state agency to calculate and annually report average homestead property values to property appraisers.

Requires amendment approval by Florida voters at the next general election or earlier special election authorized by law.