Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home » United States » Florida » Article XII Section 27 Florida Constitution

Article XII Section 27 Florida Constitution

Article XII Section 27 Florida Constitution

Article XII Section 27 Florida Constitution is about Property Tax Exemptions and Limitations on Property Tax Assessments. Article XII is titled Schedule, it has 37 sections.

Property Tax Exemptions and Limitations on Property Tax Assessments

(a) The amendments to Sections 3, 4, and 6 of Article VII, providing a $25,000 exemption for tangible personal property, providing an additional $25,000 homestead exemption, authorizing transfer of the accrued benefit from the limitations on the assessment of homestead property, and this section, if submitted to the electors of this state for approval or rejection at a special election authorized by law to be held on January 29, 2008, shall take effect upon approval by the electors and shall operate retroactively to January 1, 2008, or, if submitted to the electors of this state for approval or rejection at the next general election, shall take effect January 1 of the year following such general election. The amendments to Section 4 of Article VII creating subsections (f) and (g) of that section, creating a limitation on annual assessment increases for specified real property, shall take effect upon approval of the electors and shall first limit assessments beginning January 1, 2009, if approved at a special election held on January 29, 2008, or shall first limit assessments beginning January 1, 2010, if approved at the general election held in November of 2008.[1]

See also  Article VII Section 19 Florida Constitution - Supermajority vote required to impose, authorize, or raise state taxes or fees

(b) The amendment to subsection (a) abrogating the scheduled repeal of subsections (g) and (h) of Section 4 of Article VII of the State Constitution as it existed in 2017, shall take effect January 1, 2019.


See also: Article XII Section 26 Florida Constitution

More Posts

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub
LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others