Tuesday, May 2, 2017

Increased Homestead Exemption to be on ballot

This, if voted in, will be devastating to local municipalities.

The Senate approved a proposed ballot measure Monday to raise the value of Florida’s homestead exemption.

“If we think that we need to cut taxes … why don’t we just do it, instead of pushing it off on local officials and then blaming them when they increase the tax rate?”said Sen. Jeff Clemens.

HJR 7105: Increased Homestead Property Tax Exemption

JOINT RESOLUTION by Ways and Means Committee ; La Rosa ; Jacquet ; (CO-INTRODUCERS) Metz
Increased Homestead Property Tax Exemption; Amends the State Constitution to increase the homestead exemption by exempting the assessed valuation of homestead property greater than $75,000 and up to $100,000 for all levies other than school district levies. The amendment shall take effect January 1, 2019.
Last Action: 5/1/2017 Senate - Passed as amended; YEAS 28 NAYS 10 -SJ 590
Location: Passed, pending returning messages to House
Bill Text: PDF

Companion bill:

HB 7107: Homestead Exemption Implementation

GENERAL BILL by Ways and Means Committee ; La Rosa
Homestead Exemption Implementation; Increases homestead exemption from all taxes other than school district taxes; specifies calculation of rolled-back rate for purposes of 2019 tax roll; requires Legislature to appropriate moneys to offset reductions in tax revenues in certain counties as result of specified constitutional amendment.

Effective Date: on the effective date of the amendment to the State Constitution proposed by HJR 7105 or a similar joint resolution having substantially the same specific intent and purpose
Last Action: 5/1/2017 Senate - Passed as amended; YEAS 28 NAYS 9 -SJ 590
Location: Passed, pending returning messages to House
Bill Text: PDF


Anonymous said...

People don't realize that we have to make up for those lost funds to maintain the same level of service.

I wonder if this is a way for the state to push for a state income tax that they would collect and then send back down to the counties and cities once they are starved for funds.

The pity is that tax payers will ALWAYS vote for more exemptions. Even if, like in this case, it is not in their best interest.

Weetha Peebull said...

Attaching taxes to private property is wrong in every way!
If your house is paid for - you shouldn't lose it for taxes!

Eliminate it and implement a sales tax where ALL PAY and the
Muni's KEEP the lions share. It would knock out a lot of the
lobbyists and the POOR ROI for the money we send to the state
we have to beg for back...PLUS it would cause the elected to
support/promote TAX PAYING BUSINESSES and stop the Non-Profit
advertising azz kissing to look good and actually do some good
for your bosses - consent of the governed/of by and FOR the PEOPLE!

It's about/for US - Not everything BUTT US!