Florida Amendents 4 and 10: Amendment 4 is the longest on November's ballot at more than 650 words

11:25 AM, Oct 11, 2012   |    comments
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St. Petersburg, Florida - There are more than 650 words to Amendment 4, which could keep you in the voting booth for quite some time, or make you skip it all together.

We continue our breakdown of the November ballot and help make your vote count.

Amendment 4 is the longest amendment on the ballot this year. So USF professor Seth McKee is helping us break it down for you.

"[It's for a] first time homebuyer in the past three years. If you didn't have a home, you buy one, then there's a homestead exemption so that's a big part of what Amendment 4 is doing."

If you're a first time homebuyer, you'll pay less initially. Once again, McKee explains that if the tax payment is reduced for new homebuyers, then everyone else pays more.

"This is again a special interest maneuver that realtors love, because it's likely to sell more homes. But then again, taxpayers have to pay more money because of the exemption new homebuyers get."

Now to Amendment 10: it states that for non-homestead property, property that you can move, that's taxable between $25,000 and $50,000, there's an exemption that you don't have to pay on that property.

"You could say like a boat, or a car. Something that's moveable that's taxed. If it's between 25,000 and 50,000 in appraised value, then there's no tax on it," says McKee.

Look at a sample ballot here.

10 News has more on other Amendments on the 2012 ballot:

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