Politics & Government

Florida Amendment 4: What a Yes Vote Means

Take a closer look at the proposed amendment to the Florida Constitution before you head to the polls Nov. 6.

Come Election Day, you can count on having to decipher a very long ballot. In addition to national, state and local candidates, this year’s ballot also includes a number of proposed amendments to the Florida Constitution.

To help speed up the process at the polls, Seminole Heights Patch has created a guide on each of the amendments. Let’s take a look at Amendment 4 and what a yes vote on it means at the polls.

Amendment 4: Property Tax Limitation; Property Value Decline; Reduction for Non-Homestead Assessment Increases; Delay of Scheduled Repeal

Find out what's happening in Seminole Heightswith free, real-time updates from Patch.

This amendment would limit the allowable growth in the assessments on certain non-homestead properties from 10 percent to 5 percent. It would also prohibit increases in assessed value on homestead properties and some non-homestead properties when market values decrease. It also intends to give first-time homesteaders an extra exemption. The amendment also provides homestead tax exemption benefits to out-of-state residents.

Opponents, including the League of Women Voters of Florida, say the amendment would cost the state $1 billion over its first three years of implementation.

Find out what's happening in Seminole Heightswith free, real-time updates from Patch.

Supporters say the measure would make Florida’s property taxes more fair and that the amendment might stimulate the real estate market.

What a Yes Vote Means

A vote of yes on this amendment is a show of support for its passage.

For complete wording of the amendment, visit the Florida Division of Elections online.

See Also:

Florida’s Constitutional Amendments: What Yes Votes Mean


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here

More from Seminole Heights