Florida Living Quarters for Elderly Amendment (2002)
From Ballotpedia
Florida Amendment 7, also known as the Exemption for Construction of Living Quarters for Parents or Grandparents Act, was on the November 5, 2002 election ballot in Florida. It passed, with 67.1% of voters in favor.
- Yes: 3,206,142
- No: 1,557,694
Amendment 7 was a legislatively-referred prospective amendment to the Florida Constitution, voted onto the ballot by the Florida Legislature.
Text of the proposal
The language that appeared on the ballot:
Proposes an amendment to the State Constitution to allow counties to exempt from taxation an increase in the assessed value of homestead property resulting from constructing living quarters for a parent or grandparent of the property owner or the property owner's spouse who is 62 years old or older. Limits the amount of such exemption to the increase in assessed value resulting from such construction or 20 percent of the total assessed value of the property as improved, whichever is less.
