COPY-Senate passes contentious property tax-cutting amendment - Fox29 WFLX TV, West Palm Beach, FL-news & weather

COPY-Senate passes contentious property tax-cutting amendment

Associated Press - June 14, 2007 1:04 PM ET

TALLAHASSEE, Fla. (AP) - The Florida Senate passed the most contentious part of a property tax-cutting package, a constitutional amendment that would require voter approval.

It was sent to the House, which is also expected to pass the state constitutional amendment.

The Republican-sponsored amendment, which GOP leaders say may save taxpayers about eight billion dollars over five years, then would go on the ballot for voters to approve.

It's not clear how much the average homeowner would save under the Senate's new version.

The amendment is half of a two-part tax relief and restructuring plan. Leaders of both chambers offered to cut local property taxes by about $30 billion over the next five years. The Senate's revision, though, changes the overall savings to 24 billion.

It would allow homeowners to choose whether to accept a new "super exemption" offered by the proposed amendment or keep their existing benefits under the Save Our Homes Amendment.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly

1100 Banyan Blvd.
West Palm Beach, FL 33401

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2018 Raycom Media. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.