Florida Supreme Court: Amendment 5 off November ballot
  
TALLAHASSEE, Fla. – Sept. 3, 2008 – Amendment 5, the sweeping property tax amendment, will not appear on the ballot in November. The Florida Supreme Court heard arguments today and issued a ruling removing it and denying any motion for a rehearing.

“We’re disappointed that Florida voters will not be able to vote themselves a property tax cut this November,” says Florida Association of Realtors (FAR) Vice President of Public Policy John Sebree. “We’ve already been in touch with legislative leaders, and are urging them to bring relief to property owners in the next legislative session.

“Florida homeowners recently received their property tax notices, and we realize that Amendment 1 (property tax relief passed last January) was only a start,” Sebree adds. “We now need to take the next step for reform.”

Amendment 5, if passed, would have lowered property taxes statewide by 25 percent to 40 percent, depending on where you live. The Supreme Court did not yet issue an opinion on the ruling, noting that it will follow.

© 2008 FLORIDA ASSOCIATION OF REALTORS®

 

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