Vote Yes On Amendment One and Save Money on Property Taxes!

Seller, Mortgages, Real Estate News

  • Vote YES On Amendment One

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    Early voting for the Jan. 29 Presidential Preference Primary Election begins Monday, Jan. 14 and all Florida voters will cast their ballot on Amendment One - the Property Tax Exemption Amendment in this election. NEFAR encourages you to vote YES on Amendment One, which will:


    * provide statewide portability up to $500,000 in value for homesteaded Floridians, including school taxes, and is retroactive to Jan. 1, 2007;


    * increase the homestead exemption. In addition to the current $25K homestead exemption, the portion between $50-75K would be exempt from property taxes, although the school board portion would still be taxed; (The average savings for this component is $240 a year.)


    * create a $25,000 tangible personal property tax exemption for businesses;

    * create an assessment cap of 10 percent for all non- homestead property, starting in 2009. This provision does not include school taxes.

    For voting locations and hours, contact your local Supervisor of Elections office:
    Duval County - (904) 630-1414
    St. Johns County - (904) 823-2238
    Clay County - (904) 269-6350 or (904) 284-6350
    Putnam County - (386) 329- 0224

    Date: 2008-01-11 16:36:00
    Views: 590