Amendment 1 - FAQ'S
Does this amendment do away with the 3% cap currently applied to homestead properties?
Does this amendment do away with any of my other exemptions?
How much will I save with the extra $25,000 homestead exemption and what must I do to receive this benefit?
What exactly is portability and what must I do to receive this benefit?
What is the exemption for Tangible Personal Property and what must I do to receive this benefit?
What is the 10% assessment cap for non-homestead properties and what must I do to receive this benefit?
Note: Amendment 1 is a complex change in our state constitution. Many questions and interpretations will surely arise. Our staff is well informed and will be pleased to answer any questions you may have.
