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November 2007 - The final tax reform proposal passed both chambers.
Floridians will have a chance to vote for some property tax relief in January.
The highlights of the Constitutional Amendment are as follows: Expands the homestead exemption. Allows "portability" of accumulated Save Our Home benefits for homestead property owners. 10% assessment cap for all non-homestead and commercial properties. Tangible Personal Property exemption of $25,000 for small businesses.
Sunday, November 18, 2007
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