A lawsuit challenging unfairness in Florida's property tax system could cost local governments and school boards billions of dollars.
The lawsuit alleges Save Our Homes and Amendment 1 violate equality provisions in the Florida and U.S. constitutions...saying the two measures give longtime homeowners much bigger tax breaks than recent buyers.
Representative David Simmons is proposing a solution that would replace or work together with the existing Save Our Homes Amendment to equalize taxes paid by longtime homeowners and recent buyers.
But, Governor Charlie Crist, who led the Amendment 1 campaign, says he's confident both amendments will withstand the challenge.
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