FL H0473

Proposes a constitutional amendment to Section 3, Article VII of the Florida Constitution to allow the Legislature to exempt municipal property from taxation through general law.

Modifies existing language requiring all municipally-owned property used exclusively for municipal or public purposes to be exempt, changing "shall be exempt" to "is" and adding discretionary exemption authority.

Establishes that municipalities owning property outside their boundaries may be required by general law to make payments to the taxing unit where the property is located.

Requires submission of the amendment to Florida voters for approval at the next general election or an earlier special election authorized by law.

Includes ballot language summarizing the amendment as allowing the Legislature to exempt municipal property from taxation by general law.