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| 3 | 3 | | HJR 1103 2024 |
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| 8 | 8 | | hjr1103-00 |
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| 9 | 9 | | Page 1 of 10 |
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| 10 | 10 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 11 | 11 | | |
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| 12 | 12 | | House Joint Resolution 1 |
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| 13 | 13 | | A joint resolution proposing an amendment to Section 4 2 |
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| 14 | 14 | | of Article VII and the creation of a new section in 3 |
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| 15 | 15 | | Article XII of the State Constitution to allow newly 4 |
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| 16 | 16 | | established homestead property to be assessed at less 5 |
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| 17 | 17 | | than just value if the property was previously 6 |
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| 18 | 18 | | assessed as nonhomestead property and has not changed 7 |
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| 19 | 19 | | ownership, and to provide an effect date. 8 |
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| 20 | 20 | | 9 |
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| 21 | 21 | | Be It Resolved by the Legislature of the State of Flor ida: 10 |
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| 22 | 22 | | 11 |
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| 23 | 23 | | That the following amendment to Section 4 of Article VII 12 |
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| 24 | 24 | | and the creation of a new section in Article XII of the State 13 |
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| 25 | 25 | | Constitution are agreed to and shall be submitted to the 14 |
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| 26 | 26 | | electors of this state for approval or rejection at the next 15 |
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| 27 | 27 | | general election or at an earlier special election specifically 16 |
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| 28 | 28 | | authorized by law for that purpose: 17 |
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| 29 | 29 | | ARTICLE VII 18 |
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| 30 | 30 | | FINANCE AND TAXATION 19 |
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| 31 | 31 | | SECTION 4. Taxation; assessments. —By general law 20 |
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| 32 | 32 | | regulations shall be prescribed which shall secure a just 21 |
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| 33 | 33 | | valuation of all propert y for ad valorem taxation, provided: 22 |
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| 34 | 34 | | (a) Agricultural land, land producing high water recharge 23 |
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| 35 | 35 | | to Florida's aquifers, or land used exclusively for 24 |
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| 36 | 36 | | noncommercial recreational purposes may be classified by general 25 |
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| 37 | 37 | | |
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| 38 | 38 | | HJR 1103 2024 |
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| 42 | 42 | | CODING: Words stricken are deletions; words underlined are additions. |
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| 45 | 45 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 46 | 46 | | |
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| 47 | 47 | | law and assessed solely on the basis of ch aracter or use. 26 |
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| 48 | 48 | | (b) As provided by general law and subject to conditions, 27 |
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| 49 | 49 | | limitations, and reasonable definitions specified therein, land 28 |
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| 50 | 50 | | used for conservation purposes shall be classified by general 29 |
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| 51 | 51 | | law and assessed solely on the basis of character or u se. 30 |
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| 52 | 52 | | (c) Pursuant to general law tangible personal property 31 |
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| 53 | 53 | | held for sale as stock in trade and livestock may be valued for 32 |
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| 54 | 54 | | taxation at a specified percentage of its value, may be 33 |
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| 55 | 55 | | classified for tax purposes, or may be exempted from taxation. 34 |
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| 56 | 56 | | (d) All persons entitled to a homestead exemption under 35 |
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| 57 | 57 | | Section 6 of this Article shall have their homestead assessed at 36 |
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| 58 | 58 | | just value as of January 1 of the year following the effective 37 |
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| 59 | 59 | | date of this amendment. This assessment shall change only as 38 |
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| 60 | 60 | | provided in this subs ection. 39 |
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| 61 | 61 | | (1) Assessments subject to this subsection shall be 40 |
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| 62 | 62 | | changed annually on January 1st of each year; but those changes 41 |
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| 63 | 63 | | in assessments shall not exceed the lower of the following: 42 |
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| 64 | 64 | | a. Three percent (3%) of the assessment for the prior 43 |
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| 65 | 65 | | year. 44 |
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| 66 | 66 | | b. The percent change in the Consumer Price Index for all 45 |
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| 67 | 67 | | urban consumers, U.S. City Average, all items 1967=100, or 46 |
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| 68 | 68 | | successor reports for the preceding calendar year as initially 47 |
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| 69 | 69 | | reported by the United States Department of Labor, Bureau of 48 |
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| 70 | 70 | | Labor Statistics. 49 |
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| 71 | 71 | | (2) No assessment shall exceed just value. 50 |
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| 73 | 73 | | HJR 1103 2024 |
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| 80 | 80 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 81 | 81 | | |
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| 82 | 82 | | (3) After any change of ownership, as provided by general 51 |
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| 83 | 83 | | law, homestead property shall be assessed at just value as of 52 |
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| 84 | 84 | | January 1 of the following year, unless the provisions of 53 |
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| 85 | 85 | | paragraph (8) apply. Thereafter, the homestead shall be assessed 54 |
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| 86 | 86 | | as provided in this subsection. 55 |
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| 87 | 87 | | (4) New homestead property shall be assessed at just value 56 |
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| 88 | 88 | | as of January 1st of the year following the establishment of the 57 |
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| 89 | 89 | | homestead, unless the provisions of paragraph (8) or paragraph 58 |
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| 90 | 90 | | (9) apply. That assessment shall only change as provided in this 59 |
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| 91 | 91 | | subsection. 60 |
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| 92 | 92 | | (5) Changes, additions, reductions, or improvements to 61 |
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| 93 | 93 | | homestead property shall be assessed as provided for by general 62 |
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| 94 | 94 | | law; provided, however, after the adjustment for any change, 63 |
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| 95 | 95 | | addition, reduction, or improvement, the property shall be 64 |
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| 96 | 96 | | assessed as provided in this subsection. 65 |
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| 97 | 97 | | (6) In the event of a termination of homestead status, the 66 |
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| 98 | 98 | | property shall be assessed as provided by general law. 67 |
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| 99 | 99 | | (7) The provisions of this amendment are severable. If any 68 |
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| 100 | 100 | | of the provisions of this amendment shall be held 69 |
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| 101 | 101 | | unconstitutional by any court of competent jurisdiction, the 70 |
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| 102 | 102 | | decision of such court shall not affect or impair any remaining 71 |
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| 103 | 103 | | provisions of this amendment. 72 |
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| 104 | 104 | | (8)a. A person who establis hes a new homestead as of 73 |
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| 105 | 105 | | January 1 and who has received a homestead exemption pursuant to 74 |
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| 106 | 106 | | Section 6 of this Article as of January 1 of any of the three 75 |
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| 108 | 108 | | HJR 1103 2024 |
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| 115 | 115 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 116 | 116 | | |
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| 117 | 117 | | years immediately preceding the establishment of the new 76 |
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| 118 | 118 | | homestead is entitled to have the new homestea d assessed at less 77 |
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| 119 | 119 | | than just value. The assessed value of the newly established 78 |
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| 120 | 120 | | homestead shall be determined as follows: 79 |
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| 121 | 121 | | 1. If the just value of the new homestead is greater than 80 |
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| 122 | 122 | | or equal to the just value of the prior homestead as of January 81 |
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| 123 | 123 | | 1 of the year in which the prior homestead was abandoned, the 82 |
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| 124 | 124 | | assessed value of the new homestead shall be the just value of 83 |
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| 125 | 125 | | the new homestead minus an amount equal to the lesser of 84 |
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| 126 | 126 | | $500,000 or the difference between the just value and the 85 |
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| 127 | 127 | | assessed value of the prio r homestead as of January 1 of the 86 |
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| 128 | 128 | | year in which the prior homestead was abandoned. Thereafter, the 87 |
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| 129 | 129 | | homestead shall be assessed as provided in this subsection. 88 |
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| 130 | 130 | | 2. If the just value of the new homestead is less than the 89 |
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| 131 | 131 | | just value of the prior homestead a s of January 1 of the year in 90 |
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| 132 | 132 | | which the prior homestead was abandoned, the assessed value of 91 |
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| 133 | 133 | | the new homestead shall be equal to the just value of the new 92 |
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| 134 | 134 | | homestead divided by the just value of the prior homestead and 93 |
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| 135 | 135 | | multiplied by the assessed value of th e prior homestead. 94 |
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| 136 | 136 | | However, if the difference between the just value of the new 95 |
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| 137 | 137 | | homestead and the assessed value of the new homestead calculated 96 |
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| 138 | 138 | | pursuant to this sub -subparagraph is greater than $500,000, the 97 |
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| 139 | 139 | | assessed value of the new homestead shall be in creased so that 98 |
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| 140 | 140 | | the difference between the just value and the assessed value 99 |
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| 141 | 141 | | equals $500,000. Thereafter, the homestead shall be assessed as 100 |
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| 143 | 143 | | HJR 1103 2024 |
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| 150 | 150 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 151 | 151 | | |
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| 152 | 152 | | provided in this subsection. 101 |
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| 153 | 153 | | b. By general law and subject to conditions specified 102 |
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| 154 | 154 | | therein, the legislature shall provide for application of this 103 |
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| 155 | 155 | | paragraph to property owned by more than one person. 104 |
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| 156 | 156 | | (9)a. A person who establishes a new homestead as of 105 |
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| 157 | 157 | | January 1 is entitled to have their homestead assessed at less 106 |
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| 158 | 158 | | than just value if: 107 |
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| 159 | 159 | | 1. The property being establis hed as a new homestead was 108 |
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| 160 | 160 | | assessed under subsection (g) or subsection (h) the prior 109 |
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| 161 | 161 | | January 1. 110 |
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| 162 | 162 | | 2. The owner of the new homestead is the same person who 111 |
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| 163 | 163 | | owned the property when the property was assessed the prior 112 |
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| 164 | 164 | | January 1. 113 |
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| 165 | 165 | | 3. There has been no change of ownership between the time 114 |
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| 166 | 166 | | the property was previously assessed and the time the new 115 |
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| 167 | 167 | | homestead is established. 116 |
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| 168 | 168 | | b. The increase in assessed value for a new homestead 117 |
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| 169 | 169 | | established under this paragraph shall not exceed ten percent 118 |
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| 170 | 170 | | (10%) of the assessment for the previous year. 119 |
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| 171 | 171 | | (e) The legislature may, by general law, for assessment 120 |
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| 172 | 172 | | purposes and subject to the provisions of this subsection, allow 121 |
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| 173 | 173 | | counties and municipalities to authorize by ordinance that 122 |
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| 174 | 174 | | historic property may be assessed solely on the bas is of 123 |
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| 175 | 175 | | character or use. Such character or use assessment shall apply 124 |
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| 176 | 176 | | only to the jurisdiction adopting the ordinance. The 125 |
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| 178 | 178 | | HJR 1103 2024 |
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| 185 | 185 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 186 | 186 | | |
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| 187 | 187 | | requirements for eligible properties must be specified by 126 |
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| 188 | 188 | | general law. 127 |
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| 189 | 189 | | (f) A county may, in the manner prescribed by general law, 128 |
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| 190 | 190 | | provide for a reduction in the assessed value of homestead 129 |
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| 191 | 191 | | property to the extent of any increase in the assessed value of 130 |
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| 192 | 192 | | that property which results from the construction or 131 |
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| 193 | 193 | | reconstruction of the property for the purpose of providing 132 |
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| 194 | 194 | | living quarters for on e or more natural or adoptive grandparents 133 |
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| 195 | 195 | | or parents of the owner of the property or of the owner's spouse 134 |
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| 196 | 196 | | if at least one of the grandparents or parents for whom the 135 |
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| 197 | 197 | | living quarters are provided is 62 years of age or older. Such a 136 |
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| 198 | 198 | | reduction may not excee d the lesser of the following: 137 |
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| 199 | 199 | | (1) The increase in assessed value resulting from 138 |
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| 200 | 200 | | construction or reconstruction of the property. 139 |
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| 201 | 201 | | (2) Twenty percent of the total assessed value of the 140 |
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| 202 | 202 | | property as improved. 141 |
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| 203 | 203 | | (g) For all levies other than school district levies, 142 |
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| 204 | 204 | | assessments of residential real property, as defined by general 143 |
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| 205 | 205 | | law, which contains nine units or fewer and which is not subject 144 |
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| 206 | 206 | | to the assessment limitations set forth in subsections (a) 145 |
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| 207 | 207 | | through (d) shall change only as provided in this subsectio n. 146 |
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| 208 | 208 | | (1) Assessments subject to this subsection shall be 147 |
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| 209 | 209 | | changed annually on the date of assessment provided by law; but 148 |
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| 210 | 210 | | those changes in assessments shall not exceed ten percent (10%) 149 |
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| 211 | 211 | | of the assessment for the prior year. 150 |
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| 213 | 213 | | HJR 1103 2024 |
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| 220 | 220 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 221 | 221 | | |
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| 222 | 222 | | (2) No assessment shall exceed just value. 151 |
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| 223 | 223 | | (3) After a change of ownership or control, as defined by 152 |
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| 224 | 224 | | general law, including any change of ownership of a legal entity 153 |
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| 225 | 225 | | that owns the property, such property shall be assessed at just 154 |
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| 226 | 226 | | value as of the next assessment date. Thereafter, such property 155 |
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| 227 | 227 | | shall be assessed as provided in this subsection. 156 |
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| 228 | 228 | | (4) Changes, additions, reductions, or improvements to 157 |
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| 229 | 229 | | such property shall be assessed as provided for by general law; 158 |
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| 230 | 230 | | however, after the adjustment for any change, addition, 159 |
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| 231 | 231 | | reduction, or improv ement, the property shall be assessed as 160 |
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| 232 | 232 | | provided in this subsection. 161 |
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| 233 | 233 | | (h) For all levies other than school district levies, 162 |
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| 234 | 234 | | assessments of real property that is not subject to the 163 |
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| 235 | 235 | | assessment limitations set forth in subsections (a) through (d) 164 |
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| 236 | 236 | | and (g) shall change only as provided in this subsection. 165 |
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| 237 | 237 | | (1) Assessments subject to this subsection shall be 166 |
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| 238 | 238 | | changed annually on the date of assessment provided by law; but 167 |
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| 239 | 239 | | those changes in assessments shall not exceed ten percent (10%) 168 |
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| 240 | 240 | | of the assessment for the prior year. 169 |
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| 241 | 241 | | (2) No assessment shall exceed just value. 170 |
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| 242 | 242 | | (3) The legislature must provide that such property shall 171 |
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| 243 | 243 | | be assessed at just value as of the next assessment date after a 172 |
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| 244 | 244 | | qualifying improvement, as defined by general law, is made to 173 |
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| 245 | 245 | | such property. Thereafter, such property shall be assessed as 174 |
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| 246 | 246 | | provided in this subsection. 175 |
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| 247 | 247 | | |
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| 248 | 248 | | HJR 1103 2024 |
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| 255 | 255 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 256 | 256 | | |
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| 257 | 257 | | (4) The legislature may provide that such property shall 176 |
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| 258 | 258 | | be assessed at just value as of the next assessment date after a 177 |
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| 259 | 259 | | change of ownership or control, as defined by general law, 178 |
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| 260 | 260 | | including any change of ownership of the legal entity that owns 179 |
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| 261 | 261 | | the property. Thereafter, such property shall be assessed as 180 |
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| 262 | 262 | | provided in this subsection. 181 |
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| 263 | 263 | | (5) Changes, additions, reductions, or improvements to 182 |
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| 264 | 264 | | such property shall be assessed as provided for by general law; 183 |
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| 265 | 265 | | however, after the adjustment for any change, addition, 184 |
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| 266 | 266 | | reduction, or improvement, the property shall be assessed as 185 |
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| 267 | 267 | | provided in this subsection. 186 |
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| 268 | 268 | | (i) The legislature, by general law and subj ect to 187 |
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| 269 | 269 | | conditions specified therein, may prohibit the consideration of 188 |
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| 270 | 270 | | the following in the determination of the assessed value of real 189 |
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| 271 | 271 | | property: 190 |
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| 272 | 272 | | (1) Any change or improvement to real property used for 191 |
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| 273 | 273 | | residential purposes made to improve the property's resistance 192 |
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| 274 | 274 | | to wind damage. 193 |
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| 275 | 275 | | (2) The installation of a solar or renewable energy source 194 |
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| 276 | 276 | | device. 195 |
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| 277 | 277 | | (j)(1) The assessment of the following working waterfront 196 |
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| 278 | 278 | | properties shall be based upon the current use of the property: 197 |
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| 279 | 279 | | a. Land used predominantly for com mercial fishing 198 |
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| 280 | 280 | | purposes. 199 |
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| 281 | 281 | | b. Land that is accessible to the public and used for 200 |
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| 283 | 283 | | HJR 1103 2024 |
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| 290 | 290 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 291 | 291 | | |
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| 292 | 292 | | vessel launches into waters that are navigable. 201 |
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| 293 | 293 | | c. Marinas and drystacks that are open to the public. 202 |
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| 294 | 294 | | d. Water-dependent marine manufacturing facilities, 203 |
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| 295 | 295 | | commercial fishing facilities, and marine vessel construction 204 |
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| 296 | 296 | | and repair facilities and their support activities. 205 |
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| 297 | 297 | | (2) The assessment benefit provided by this subsection is 206 |
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| 298 | 298 | | subject to conditions and limitations and reasonable definitions 207 |
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| 299 | 299 | | as specified by the legislature b y general law. 208 |
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| 300 | 300 | | ARTICLE XII 209 |
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| 301 | 301 | | SCHEDULE 210 |
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| 302 | 302 | | Assessed value of new homestead property that has not 211 |
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| 303 | 303 | | changed ownership.—This section and the amendment to section 6 212 |
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| 304 | 304 | | of Article VII authorizing assessments below just value for 213 |
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| 305 | 305 | | newly established homestead property tha t has not changed 214 |
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| 306 | 306 | | ownership and has previously been assessed as nonhomestead 215 |
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| 307 | 307 | | property shall take effect January 1, 2025. 216 |
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| 308 | 308 | | 217 |
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| 309 | 309 | | BE IT FURTHER RESOLVED that the following statement be 218 |
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| 310 | 310 | | placed on the ballot: 219 |
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| 311 | 311 | | CONSTITUTIONAL AMEND MENT 220 |
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| 312 | 312 | | ARTICLE VII, SECTION 6 221 |
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| 313 | 313 | | ARTICLE XII 222 |
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| 314 | 314 | | ASSESSED VALUE OF NE W HOMESTEAD PROPERTY THAT HAS NOT 223 |
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| 315 | 315 | | CHANGED OWNERSHIP.—Proposing an amendment to the State 224 |
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| 316 | 316 | | Constitution to authorize newly established homestead property 225 |
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| 317 | 317 | | |
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| 318 | 318 | | HJR 1103 2024 |
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| 325 | 325 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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| 326 | 326 | | |
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| 327 | 327 | | to be assessed at less than just value if the property was 226 |
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| 328 | 328 | | previously assessed as nonhomestead property and has not changed 227 |
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| 329 | 329 | | ownership. The increase in assessed value for the newly 228 |
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| 330 | 330 | | established homestead property may not exceed 10 percent of the 229 |
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| 331 | 331 | | assessed value for the previous year. The amendment shall take 230 |
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| 332 | 332 | | effect January 1, 2025. 231 |
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