Amendment 2: Exemption of Tangible Personal Property on Agricultural Land from Taxation
Source: floridaelectionwatch.gov
What does this measure do?
Farm equipment and other property kept on agricultural land would no longer be charged local property taxes, starting in 2027. Farmers would pay less, and local governments would lose at least $28.7 million a year in revenue.
Read the official ballot measure (PDF)
Proposed by: Florida Legislature (House Joint Resolution 1215, Rep. Danny Alvarez)
Rep. Alvarez is a Republican from House District 69 in Hillsborough County. The House passed it 110-1 and the Senate 37-0.
Source: flsenate.gov
A YES vote means
Farm equipment and similar property on farm and agritourism land would no longer be taxed by local governments, starting in 2027.
A NO vote means
This farm property would keep being taxed as it is now.
No financial records found for this ballot measure.
Sources: constitutionalinitiatives.dos.fl.gov · flsenate.gov
Source: miamidade.gov