Regading abolishing property taxes in Florida by constitutional amendment;
Florida also passed a constitutional amendment called “save our homes” (SOH). This was passed in 1992. It limited the increased assessed value of homesteaded properties to no more than a 3% value increase each year, or CPI, WHICHEVER was less.
The amendment was later repealed by voters, however, if you were covered by SOH amendment at the time of repeal, you were grandfathered in. Also, that grandfathering is portable, in the event you sell you homestead and buy another homestead under certain circumstances. It ALWAYS ends up with higher property taxes over all in such portability transfers, because you must buy a home of equal or greater value.
As an example, my current taxes are ~$2200/year, while newer owners on the street, who are not covered by SOH, pay nearly four times more.
With all that said, if the FL constitution is amended to abolish property taxes, NOTHING is stopping another vote to repeal that too.
Then what?
No more grandfathered?
My taxes will then increase 4-5 fold, with no recourse to return to what we were given by the constitution and no more grandfathered?
I smell a bait and switch.