Property Tax Exemption - Generators (Watch)

<p>Property Tax Exemption - Generators (Watch)</p><p> SJR 974 (Brandes) proposes an amendment to the state constitution authorizing the Legislature to exempt permanently installed standby generators from the tangible personal property tax. The proposed amendment also authorizes the legislature to prohibit property appraisers from considering those generators in determining the assessable value of real property. This proposed constitutional amendment would be on the 2018 ballot and would require 60 percent approval for passage. (<a href="mailto:ahughes@flcities.com">Hughes</a>)</p>