Florida Constitutional Amendment 6
“Provides for assessment based upon use of land used predominantly for commercial fishing purposes; land used for vessel launches into waters that are navigable and accessible to the public; marinas and drystacks that are open to the public; and water-dependent marine manufacturing facilities, commercial fishing facilities, and marine vessel construction and repair facilities and their support activities, subject to conditions, limitations, and reasonable definitions specified by general law.”
Full text version in PDF format here.
What exactly does the new assessment mean? I suppose that the amendment changes the time frame in which the assessment is performed, valuing property based on current conditions rather than some past (when?) condition.
1Just read about this here. Sounds like a decrease in taxes for working waterfront property thereby reducing development of that property for condominiums and such.
2I am going to see if I can get one of our state reps to weigh in on this…
3