Of the 13 proposed amendments on the ballot on November 6, all passed except Amendment 1, which would have increased the amount of the homestead exemption. The other 12 Amendments that passed included Amendment 2, which continued the cap on property tax increases, and which BOMA Florida strongly opposed. Unfortunately the passing of Amendment 2 will continue to result in inequities in the commercial leasing industry. 

Next up for BOMA Florida and BOMA Greater Tampa Bay: BOMA Day in Tallahassee on April 9, 2019. Join us as we meet our state legislators at the Capitol to lobby them on issues concerning commercial real estate, including a further reduction of sales tax on rent. More information will be provided as we approach the 2019 Florida legislative session.