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FL H0331

Joint Resolution

Status

Failed

3/8/2024

Primary Sponsor

Alina Garcia

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Proposes an amendment to the Florida State Constitution (Article VII, Section 4) to eliminate the exception for school district levies from the 10% annual cap on property tax assessment increases for specified nonhomestead real property
  • Currently, the 10% assessment increase cap on nonhomestead residential property (9 units or fewer) and other nonhomestead real property applies to "all levies other than school district levies"; this amendment removes that school district exclusion
  • Extends the 10% annual assessment increase limitation to school district levies for both nonhomestead residential real property and nonhomestead commercial/other real property, treating them the same as all other local government levies
  • Requires submission to Florida voters for approval or rejection at the next general election or an earlier special election specifically authorized by law
  • Amendment would take effect January 1, 2025, if approved by voters

Legislative Description

Limitation on Property Tax Assessments

Last Action

Died in Ways & Means Committee

3/8/2024

Committee Referrals

Ways and Means Committee11/22/2023

Full Bill Text

No bill text available