FL H0067

Reduces the maximum annual increase cap on homestead property assessed values from 3% to 1.5% of the prior year's assessment, or the Consumer Price Index change, whichever is lower

Amends Section 4 of Article VII of the Florida State Constitution regarding taxation and property assessments

Requires voter approval at a general election or special election before taking effect

Would take effect January 1, 2027, if approved by voters

Maintains existing provisions that assessments cannot exceed just value and that properties are reassessed at just value upon change of ownership