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For example, if the rate of inflation is at 8%, the value of the homestead exemption would increase from $25,000 to $27,000. Critics argue that Amendment 5 could shift the burden of property taxes ...
Amendment 5 proposes a new property tax break for homeowners, potentially reducing local government revenue.
The victory of Amendment 5 in Florida is being touted as win for lowering taxes for homeowners. Now approved and ready to take effect on Jan. 1, the amendment will adjust the homestead exemption ...
Now approved and ready to take effect Jan. 1, the amendment will adjust the homestead exemption according to inflation. Typically, the exemption is at $50,000, allowing for example a $300,000 home ...
Frank Cerabino's column on the confusing language of proposed Constitutional amendments on Florida ballots.
Clemens says unlike Amendment 2, which the union is against, he's confident the money from Amendment 5 will actually benefit teachers and schools.
Early voting: Yes or no on Florida Amendment 5? What homestead exemption proposal means Election Day 2024 is Tuesday, Nov. 5. Polls will be open from 7 a.m. to 7 p.m.
On Nov. 5, Florida residents won’t just be voting for president. They will also be deciding whether to adjust the homestead property tax exemption annually for inflation–along with five other ...
As property values have increased dramatically in Florida, the state Legislature proposed this amendment to adjust the homestead exemption amount, currently $50,000 on homes valued at $75,000 or ...
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