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The amendment caps the increase of the assessed value of a home with a homestead exemption to the lesser of 3% or the rate of inflation. This means that if an owner had a homestead exemption on a home valued at $100,000 in 1995, and the exemption was still valid in 2005, the most the home could be assessed at is approximately $126,000 .
This type of tax exemption shields homeowners from excessive amounts of property tax.
A constitutional amendment increasing the homestead tax exemption for low-income seniors [147] Passed [148] 2,560,979 (68.50%) 1,180,341 (31.50%) Amendment 4 A constitutional amendment clarifying that filing records at county branch offices is the same as filing them at a main office [147] Passed [148] 2,540,872 (74.10%) 887,999 (25.90% ...
2020 Florida Amendment 5, commonly known as the Extend "Save Our Homes" Portability Period Amendment, was a proposed amendment to the Constitution of Florida that passed 74.49% to 25.51% in the 2020 election on November 3, 2020.
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Under Florida law, only U.S. citizens, permanent resident aliens, or a someone holding PRUCOL status is eligible for a Homestead Exemption. A person in the U.S. with asylum or parole refugee status is considered PRUCOL. A person in the US under a temporary visa is NOT eligible for Homestead, pursuant to Rule 12D-7.007(3), Florida Administrative ...
A group of homeowners has filed suit against Sarasota County and The Classical Academy Sarasota after county commissioners approved a special zoning exception for the private K-12 school at 8000 ...
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