Florida Community Redevelopment, Amendment 4 (1976)
This amendment sought to modify Article VII, Section 3 and 4 and add Section 16 of the Florida Constitution to allow for property tax exemptions, tax use, and issue of bonds regards community redevelopment.
|Florida Amendment 4 (1976)|
Election results via: ICPSR
Text of measure
The language that appeared on the ballot:
|“||Proposing amendments to Sections 3 and 4 and the creation of Section 16 of Article VII of the State Constitution authorizing tax exemptions and assessments at less than just valuations for purposes of community redevelopment or renewal of slum or blighted areas and authorizing the use of portions of the ad valorem tax revenues derived from a community redevelopment project, and the issuance of bonds pledged to such revenues, for the purpose of financing or refinancing such community redevelopment activity.||”|
FINANCE AND TAXATION
Section 3. Taxes; Exemptions.
(a) All property owned by a municipality and used exclusively by it for municipal or public purposes shall be exempt from taxation. A municipality, owning property outside the municipality, may be required by general law to make payment to the taxing unit in which the property is located. Such portions of property as are used predominately for educational, literary, scientific, religious or charitable purposes may be exempted by general law from taxation.
(b) There shall be exempt from taxation, cumulatively, to every head of a family residing in this state, household goods and personal effects to the value fixed by general law, not less than one thousand dollars, and to every widow or person who is blind or totally and permanently disabled, property to the value fixed by general law not less than five hundred dollars.
(c) When authorized and as defined by general law passed by a two-thirds vote of the membership of each house, any community redevelopment plan as approved by the elected governing body may provide for such total or partial exemption fr om taxation to be given to the improvements on lands within a community redevelopment area, by such method or methods, for such period or periods of time, not exceeding twenty-five years in any instance.
Section 4. Taxation; Assessments. By general law regulations shall be prescribed which shall secure a just valuation of all property for ad valorem taxation, provided:
(a) Agricultural land or land used exclusively for non-commercial recreational purposes may be classified by general law and assessed solely on the basis of character or use.
(b) Pursuant to general law tangible personal property held for sale as stock in trade and livestock may be valued for taxation at a specified percentage of its value.
(c) Pursuant to general law passed by a two-thirds vote of the membership of each house, real property within a community redevelopment area may be valued for taxation at the value of the land, exclusive of improvements, for the year immediately prior to redevelopment for such period or periods of time, not to exceed twenty-five years, and upon such terms, conditions, and restrictions as may be prescribed by general law.
Section 16. Financing of Community Redevelopment Projects.
(a) When provided by general law passed by a two-thirds vote of the membership of each house, ad valorem tax collections by the taxing authority of the taxing unit within which the community redevelopment project is located exceeding ad valorem tax collections produced at the rate of tax levy each year by such taxing authority upon the assessed valuation of taxable property within each community redevelopment area as reflected in the just value tax roll existing prior to the adoption by the governing body of the taxing authority of the community redevelopment plan may be allocated to and used by a community redevelopment agency to finance or refinance each community redevelopment project.
(b) Community redevelopment projects as may be authorized by general law may:
(1) Redevelop property for residential, recreational, commercial, or industrial uses;
(2) Acquire property by eminent domain by any city, county, or authority created by general or special law; and
(3) Resell or transfer such property to any private person pursuant to criteria as may be established by general law.
(c) Community redevelopment plans as may be authorized by general law shall:
(1) Contain the findings and determinations of the elected governing body that the community redevelopment area is a slum or blighted area; and
(2) Contain the findings and determinations of the elected governing body that the community redevelopment agency has a feasible method or plan, to include replacement housing, for the relocation of persons temporarily or permanently displaced from housing facilities within the community redevelopment area.
(d) When authorized by general law passed by a two-thirds vote of the membership of each house, any municipality, county, district, or authority created by general or special law may issue revenue bonds secured solely by a pledge of and payable from tax revenues derived pursuant to subsection (a) to finance or refinance community redevelopment projects within the community redevelopment area from which such taxes were derived.
- Florida November 2, 1976 Amendment Proposals - Florida Constitutional Revision Commission
- Sample Ballot - Ocala Star-Banner, Oct 26, 1976
- ↑ REFERENDA AND PRIMARY ELECTION MATERIALS [Computer file]. ICPSR ed. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [producer and distributor], 1995. doi:10.3886/ICPSR00006.v1
- ↑ 2.0 2.1 Florida Constitutional Revision Commission, "Amendments, Election of 11-2-76"