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