The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Danielle B. Clapinski.
DIGEST
SB 97 Engrossed 2023 Regular Session Carter
Present constitution provides an exclusive list of exemptions from ad valorem taxation.
Proposed constitutional amendment authorizes local governmental authorities to exempt property
comprised of residential units from ad valorem taxes to encourage and promote affordable housing
as provided by law.
Proposed constitutional amendment authorizes the local governmental authorities to grant a full
exemption, a partial exemption, or to freeze the assessment level at the previous year's assessment
level.
Proposed constitutional amendment requires any decrease in the total amount of ad valorem tax
collected by the taxing authority to be absorbed by the taxing authority. Provides that implementation
of the exemption shall neither trigger nor be cause for a reappraisal of property or an adjustment of
millages.
Specifies submission of the amendment to the voters at the statewide election to be held on October
14, 2023.
(Adds Const. Art. VII, Sec. 21(O))