FL S0326

Proposes a constitutional amendment to extend the "portability" period for transferring Save-Our-Homes property tax assessment benefits from 2 years to 3 years when moving from one homestead to another

Allows homeowners who received a homestead exemption in any of the three years immediately preceding establishment of a new homestead to transfer their accrued assessment benefit, up to $500,000

Removes outdated language referencing the original 2008-2009 implementation dates of the portability provision

Requires voter approval at a general election or special election specifically authorized for that purpose

Sets an effective date of January 1, 2021 for the extended portability period if approved by voters