Property Tax Exemption of Perpetually Conserved Land; Classification and Assessment of Land Used for Conservation
Florida Ballot Measure - Constitutional Amendment 4
Election: General Nov. 4, 2008 (General)
Categories:Housing and Property
Requires Legislature to provide a property tax exemption for real property encumbered by perpetual conservation easements or other perpetual conservation protections, defined by general law. Requires Legislature to provide for classification and assessment of land used for conservation purposes, and not perpetually encumbered, solely on the basis of character or use. Subjects assessment benefit to conditions, limitations, and reasonable definitions established by general law. Applies to property taxes beginning in 2010.