Florida 75% Property Tax Exemption (2008)
From Ballotpedia
| Not on Ballot |
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| This measure did not appear on a ballot. |
The 75 percent tax exemption is an initiated constitutional amendment in Florida that would by general law and subject to conditions specified therein, establish that not less than a minimum of 75 percent of the just value of property subject to property taxes shall be exempt from taxation. The taxable value of property will be 25 percent of its just value under this exemption or it will be the current taxable value which ever is less. For purposes of this subsection, the phrase "just value" is synonymous with "market value".
Support
The sponsors of the initiative are Florida Ballot Initiative 527 advocacy group. The group advocates the abolishment or a great reduction of property taxes in Florida.[1]
Opposition
no information yet
Status
Signatures have been submitted to the Florida Secretary of State's office.
See also
- Florida 2008 ballot measures
- Florida Cut Property Taxes Now (2008)
- Petition drive deadlines in 2008
- Florida signature requirements
- Florida Initiative and Referendum Law
- Campaign finance requirements for Florida ballot measures
