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Florida Amendment 7, Taxes, Tax Exemptions, and Government Finances Amendment (1978)
Florida Amendment 7 | |
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Election date |
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Topic State and local government budgets, spending, and finance and Taxes |
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Status |
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Type Commission-referred constitutional amendment |
Origin |
Florida Amendment 7 was on the ballot as a commission-referred constitutional amendment in Florida on November 7, 1978. It was defeated.
A “yes” vote supported amending various provisions relating to taxes, tax exemptions, and government finances. |
A “no” vote opposed amending various provisions relating to taxes, tax exemptions, and government finances. |
Election results
Florida Amendment 7 |
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Result | Votes | Percentage | ||
Yes | 779,389 | 36.29% | ||
1,368,346 | 63.71% |
Text of measure
Ballot title
The ballot title for Amendment 7 was as follows:
“ | Proposing a revision of the Florida Constitution to provide that property owned by a municipality and held for municipal purposes shall be exempt from taxation; to extend the personal property tax exemption to all natural persons, and to extend to widowers the property tax exemption of not less than five hundred dollars; to provide for ad valorem tax exemption for leasehold interests created priopr to January 1, 1978 in government owned property; to provide that leasehold interests in government property leased for public purposes in connection with air, water or ground transportation may be exempt from taxation as provided by law; to permit adjustments to tax assessments relating to stock in trade and livestock, historic property and solar energy systems; to permit the revaluation of property every two years; to authorize the use ot tax abatement and increment for redevelopment of slum and blighted area; to provide tha corporate income tax may not be levied against the appreciation of property value occuring prior to November 2, 1971; to permit an annual adjustment to the homestead exemption to maintain a constant value using 1979 as a base year and providing for replacement of revenue to local governments; to provide that state bonds may be used to finance water facilities and may be combined for sale; to provide that revenue bonds may only be issued for fixed capital outlay projects, to place limitations on revenue bonds and bond anticipation notes issued by local governments; and to provide that revenue bonds may be issued for housing and related facilities. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
The Florida Constitution Revision Commission referred the measure to the ballot.
See also
External links
Footnotes
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State of Florida Tallahassee (capital) |
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