Page 8 - Jupiter West - October '20

Page 8, Jupiter West
Palm Beach County Property Appraiser’s Office

Taxpayers: Amendment 5 would extend the time frame from If passed, Amendment 6 would transfer a deceased
Welcome fall! two tax years to three tax years for property owners to veteran’s combat related property tax discount to their
As a reminder, my office transfer or “port” all or part of their homestead assessment surviving spouse. The discount would remain in effect until
continues to implement difference to a new homestead anywhere in Florida. the spouse remarries, dies or sells or disposes of the property.
measures to ensure the For Palm Beach County, Amendment 5 applies As always, the Property Appraiser’s position is to adhere
health and safety of our to 330,000 current property owners with homestead to the law concerning the outcome of any constitutional
staff, while also maintaining exemptions. amendment. If Amendments 5 and 6 receive approval from
the highest level of safe Amendment 6 - Ad Valorem Tax Discount For Spouses the voters, we will make any necessary changes to our
service to the taxpayers of Of Certain Deceased Veterans Who Had Permanent, processes to comply with the new laws.
Palm Beach County during Combat-Related Disabilities If you have any questions regarding Amendments 5 and
the COVID-19 pandemic. Language: Provides that the homestead property tax 6, please call our office (Exemption Services Department)
Our office is open to discount for certain veterans with permanent combat- at (561) 355-2866.
the public, however, we related disabilities carries over to such veteran’s surviving
encourage you to contact us via phone: (561) 355-3230, spouse who holds legal or beneficial title to, and who Office Closed Due To Holiday
email: PAO@pbcgov.org or utilize our online services at our permanently resides on, the homestead property, until
website: www.pbcgov.org/PAPA. he or she remarries or sells or otherwise disposes of The Palm Beach County Property Appraiser’s Office
The end of the 2020 tax year is fast approaching and October the property. The discount may be transferred to a new (including all of our service centers) will be closed on
is a busy month in my office as we certify the ad valorem tax homestead property of the surviving spouse under certain Columbus Day, Monday, Oct. 12. We will resume normal
roll to the Palm Beach County Tax Collector’s Office. The tax conditions. The amendment takes effect Jan. 1, 2021. business hours on Tuesday, Oct. 13, at 8:30 a.m.
collector will mail the 2020 tax bills on Nov. 1.
Also during this time, petition hearings will begin
led by the Palm Beach County Clerk and Comptroller’s
Value Adjustment Board (VAB) for property owners who
filed a petition because they disagree with their property
assessment or denied exemption. On average, the number
of petitions filed in Palm Beach County is low, typically
less than 1 percent of the total parcels in the county. For
questions about petition hearings, go to the VAB website:
https://www.mypalmbeachclerk.com/publicfunds/value-
adjustment-board-vab.
This year, the general election will be held on Nov. 3 and
there will be six proposed amendments on the ballot. To be
added to the state constitution, voters must approve each
amendment with a majority of 60 percent of the vote.
This month’s newsletter will provide explanations for
Amendments 5 and 6, which affect Florida property taxes.
I hope you will find this information helpful.
We Value What You Value.
Respectfully,
Dorothy Jacks, CFA, AAS,
Palm Beach County Property Appraiser
Upcoming General Election –

Tuesday, Nov. 3

Below is a summary of Amendments 5 and 6, which will
be on the ballot for the general election, held on Tuesday,
Nov. 3.
Amendment 5 – Limitation On Homestead Assessments
Language: Proposing an amendment to the State
Constitution, effective date Jan. 1, 2021, to increase, from
two years to three years, the period of time during which
accrued “Save Our Homes” benefits may be transferred from
a prior homestead to a new homestead.
The “Save Our Homes” (SOH) benefit caps taxable
assessment increases on homesteaded property at 3 percent
a year, and it allows sellers to take or “port” their current
savings with them when buying a new Florida property,
providing they do so within the designated time frame and
meet other requirements.
Under the “portability” component of the homestead
exemption, a homeowner can transfer up to $500,000 of the
accrued benefit from their former primary residence to their
new home. To transfer the SOH benefit, homeowners had
to claim that exemption within two years – the law sets the
timeline based on the tax roll year.
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