Increases homestead exemption for certain properties and prohibits reductions in law enforcement funding.

This bill proposes constitutional amendments to increase the homestead exemption for certain properties from non-school ad valorem taxes by $100,000 and to prohibit counties and municipalities from reducing law enforcement funding below a specified level. The exemption applies to properties with comprehensive multiperil property insurance. The prohibition on reducing law enforcement funding takes effect January 1, 2027. The amendments will be submitted to voters for approval or rejection.

Increases homestead exemption for certain properties and prohibits reductions in law enforcement funding.

This bill proposes constitutional amendments to increase the homestead exemption for certain properties from non-school ad valorem taxes by $100,000 and to prohibit counties and municipalities from reducing law enforcement funding below a specified level. The exemption applies to properties with comprehensive multiperil property insurance. The prohibition on reducing law enforcement funding takes effect January 1, 2027. The amendments will be submitted to voters for approval or rejection.