Miami-Dade Legislative Item
File Number: 102219
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File Number: 102219 File Type: Resolution Status: Failed
Version: 0 Reference: Control: Board of County Commissioners
File Name: URGING TEMPORARY CHANGES TO THE ''SAVE OUR HOMES'' Introduced: 9/10/2010
Requester: NONE Cost: Final Action: 10/5/2010
Agenda Date: 10/5/2010 Agenda Item Number: 11A20
Notes: Title: RESOLUTION URGING THE FLORIDA LEGISLATURE TO CONSIDER TEMPORARY CHANGES TO THE ''SAVE OUR HOMES'' ASSESSMENT LIMITATION ON HOMESTEAD PROPERTY TO PROTECT HOMESTEAD PROPERTY OWNERS FROM PROPERTY TAX INCREASES UNTIL THE CURRENT FISCAL CRISIS ENDS
Indexes: LEGISLATURE
  URGING
Sponsors: Rebeca Sosa, Prime Sponsor
  Sen. Javier D. Souto, Co-Sponsor
  Jose "Pepe" Diaz, Co-Sponsor
Sunset Provision: No Effective Date: Expiration Date:
Registered Lobbyist: None Listed


Legislative History

Acting Body Date Agenda Item Action Sent To Due Date Returned Pass/Fail

Board of County Commissioners 10/5/2010 11A20 Adopted F
REPORT: Commissioner Diaz asked to be listed as a co-sponsor.

Board of County Commissioners 9/21/2010 11A15 Deferred 10/5/2010 P
REPORT: The Board deferred the foregoing proposed resolution to the Board of County Commissioners meeting scheduled for October 5, 2010, as requested by Commissioner Sosa, the sponsor.

County Attorney 9/10/2010 Assigned Jess M. McCarty 9/13/2010

Legislative Text


TITLE
RESOLUTION URGING THE FLORIDA LEGISLATURE TO CONSIDER TEMPORARY CHANGES TO THE “SAVE OUR HOMES” ASSESSMENT LIMITATION ON HOMESTEAD PROPERTY TO PROTECT HOMESTEAD PROPERTY OWNERS FROM PROPERTY TAX INCREASES UNTIL THE CURRENT FISCAL CRISIS ENDS

BODY
WHEREAS, in 1992, voters amended the Florida Constitution to limit annual increases in the assessed value of property receiving homestead exemption to 3 percent or the percentage change in the Consumer Price Index (“CPI”), whichever is lower, commonly referred to as “Save Our Homes”; and
WHEREAS, Save Our Homes limits the annual increase in the assessed value of homestead property, but does not limit total property taxes on a particular property; and
WHEREAS, under Save Our Homes, a property’s assessment could go down, but property taxes could still go up if local taxing authorities increase millage rates; and
WHEREAS, some local taxing authorities could leave their millage rates flat or even decrease millage rates, but if other local taxing authorities raise their millage rates, then overall property taxes could still increase; and
WHEREAS, property taxes on homestead property can also increase because of the recapture rule, which requires the property appraiser to increase the assessed value of homestead property by the lesser of 3 percent or annual change in the CPI, whichever is less, whether or not that property's value increased during that calendar year; and
WHEREAS, the recapture rule brings homestead property closer to market value in years in which property values are declining, and it is currently having the unfortunate result of homestead property owners seeing 2.7 percent increases in the assessed value of their homestead property compared with last year even though the overall market value of their property likely has declined from the prior year; and
WHEREAS, Save Our Homes is credited with allowing many homeowners to remain in their homes during the rapidly increasing home values that occurred in the first half of the past decade; and
WHEREAS, it is now resulting in higher assessed values and tax rates amounting to higher taxes for longtime homeowners than they paid the prior year, although the benefits of Save Our Homes still has resulted in them paying far less in taxes than similarly-situated property owners without Save Our Homes; and
WHEREAS, in light of the current fiscal crisis, the Legislature should consider temporary changes to Save Our Homes to protect homestead property owners from property tax increases for as long as the current fiscal crisis continues,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that this Board:
Section 1. Urges the Florida Legislature to re-evaluate and consider temporary changes to Save Our Homes to protect homestead property owners from property tax increases for as long as the current fiscal crisis continues.
Section 2. Directs the Clerk of the Board to transmit certified copies of this resolution to the Governor, Senate President, House Speaker, the Chair and Members of the Miami-Dade State Legislative Delegation.
Section 3. Directs the County’s state lobbyists to advocate for the issue identified in Section 1 above, and directs the Office of Intergovernmental Affairs to include this item in the 2011 state legislative package.



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