Elections supervisor offers synopses of constitutional amendments

Published: Friday, October 12, 2012 at 02:06 PM.

“What this would do is throw (a) door pretty wide open that says any veteran in the state of Florida has this exemption,” Lux said. “If this happens, you can bet on a decrease in ad valorem taxes.”

• Amendment 3: “State government revenue limitation” would change the current revenue cap based on personal income to a more restrictive formula based on population growth and inflation rates.

• Amendment 4: “Property tax limitations.”

“This takes an entire column on a 14-inch ballot card,” Lux said. “I’d say that’s a little over 75 words. It’s actually just shy of 600.

“This would prevent the assessed value of your home, if you’re protected under Save Our Homes, from increasing when market values decline. It would repeal the ‘recapture’ rule.”

The amendment would also reduce the increase cap on non-homestead property from 10 percent to 5 percent, and provides an additional discount for first-time homebuyers.

• Amendment 5: “State courts.”

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