SR515 - Ad Valorem Taxation; exemptions which may be authorized locally-CA
SR515 - Ad Valorem Taxation; exemptions which may be authorized locally-CA
Sponsored by: Reed,Kasim 35th
A RESOLUTION proposing an amendment to the Constitution so as to authorize the governing authority of any county or municipality, subject to referendum approval, to exempt from ad valorem taxation, in whole or in part, up to $250,000.00 of the value of a homestead owned solely or jointly by a teacher, a firefighter, or a law enforcement officer; to provide for procedures, conditions, and limitations; to provide for the submission of this amendment for ratification or rejection; and for other purposes.