BILL SUMMARY DETAILS

Florida League of Cities

Annual Inflation Adjustment to Homestead Exemption (Oppose)

HJR 7017 (Buchanan) proposes an amendment to the constitution to authorize the Legislature to require an annual adjustment to the value of certain homestead exemptions. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman)