WTL Clips: Amendment 5 - Inflation-Adjusted Homestead Exemption

Part of our Amendment-Palooza episode, the ladies dig into Florida Amendment 5, on the November 2024 ballot, and discuss what the text says, doesn't say, and sheds light on the forces backing this amendment.

Full text: https://dos.elections.myflorida.com/initiatives/fulltext/pdf/10-106.pdf

Ballot Summary (YES/NO):

Proposing an amendment to the State Constitution to require an annual adjustment for inflation to the value of current or future homestead exemptions that apply solely to levies other than school district levies and for which every person who has legal or equitable title to real estate and maintains thereon the permanent residence of the owner, or another person legally or naturally dependent upon the owner is eligible. This amendment takes effect January 1, 2025.

A YES vote would allow the homestead exemptions to be adjusted for inflation, a NO vote would keep the homestead exemptions the same as current.

Download your We The Locals Amendment Guide today: https://wethelocalspodcast.com/amendment-guide