Proposed tax and assessment exemption for solar devices

Historic City News readers will vote on five amendments to Florida’s Constitution this election year and it’s not too soon to begin reading up on the proposed changes.

Four of the amendments, No. 1, No. 2, No. 3, and No. 5, will appear on the November 8, 2016 General Election ballot; however, during the Primary Election on August 30, 2016, you will vote on proposed amendment No. 4.

CONSTITUTIONAL AMENDMENT ARTICLE VII, SECTIONS 3 AND 4 ARTICLE XII, SECTION 34 (LEGISLATIVE)

Ballot Title:

SOLAR DEVICES OR RENEWABLE ENERGY SOURCE DEVICES; EXEMPTION FROM CERTAIN TAXATION AND ASSESSMENT.

Ballot Summary:

Proposing an amendment to the State Constitution to authorize the Legislature, by general law, to exempt from ad valorem taxation the assessed value of solar or renewable energy source devices subject to tangible personal property tax, and to authorize the Legislature, by general law, to prohibit consideration of such devices in assessing the value of real property for ad valorem taxation purposes. This amendment takes effect January 1, 2018, and expires on December 31, 2037.