FAA Supports Amendment 2 to Save Cap on Taxable Property Values

Industry ,

A cap on tax assessment increases for certain properties — including apartment communities —is scheduled to expire unless voters pass Amendment 2 on the ballot in November. The Florida Apartment Association supports Amendment 2, which would make permanent a 10 percent cap on increasing the taxable value of non-homestead properties. Non-homestead properties include multifamily and other rental properties, as well as businesses...

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