new homestead exemption: Good New's for Florida's Home Owners - New Homestead Exemption - SOS Portability
- 02/06/08 09:07 AM
Good New's for Florida's Home Owners - New Homestead Exemption - SOS Portability This past election a tax exception called "Amendment 1", was passed. It is the largest property tax cut in Florida's history. The new law "Amendment 1", has 2 parts. The first requires local governments to roll-back taxes this year and then to "grow at a responsible rate" in the future. Whatever that means. The second was voted in by Floridians in January 29, 2008. It is retroactive from January 1, 2008. The new provisions that were voted in are; doubling the homestead exemption (from $25,000 to $50,000) and improving the (1 comments)
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