YEAR | AMENDMENT | SUMMARY | STATUS | COMMENTS |
Homestead Initiative | Provided for limiting increases in homestead property valuations for ad valorem tax purposes to a maximum of 3% annually and also provided for reassessment of market values upon changes in ownership. |
Adopted: For:2,493,742 Against:2,154,747 |
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Term Limit Initiative | Limited terms by prohibiting incumbents who have held the same elective office for the preceding eight years from appearing on the ballot for re-election to that office. |
Adopted: For:3,625,500 Against:1,097,127 |
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1992 TBRC 1. (relating to Appropriations Act) | Required 72-hour public review for appropriations bills, a budget stabilization fund, performance measures and productivity programs, and other fiscal planning matters. |
Adopted: For:3,815,541 Against:796,462 |
Amendments 1-4 represent the recommendation of the Tax and Budget Reform Commission. | |
1992 TBRC 2. (taxpayer bill of rights) | Requires the legislature to adopt a Taxpayers’ Bill of Rights in clear and concise language that sets forth taxpayers’ rights and responsibilities. |
Adopted: For:4,258,422 Against:472,324 |
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1992 TBRC 3. (one-cent sales tax) | Authorizes counties and municipalities to levy up to a one-cent sales tax to be used for local government services. |
Rejected: For:1,886,490 Against:2,824,442 |
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1992 TBRC 4. (tax exemptions) | Subjects leaseholds in government owned property entered into since 1968 to ad valorem taxes. | Removed from ballot. | Smith v. American Airlines, 606 So.2d 618 (Fla. 1992) |