General Assembly; provide by general law for local grant and adjustment programs; authorize

Summary

The amendment revises the Homeowner's Incentive Adjustment clause so a homeowner can receive a tax‑relief benefit of up to $18,000 per homestead, based on assessed value or tax liability, whichever is lower. It also authorizes the General Assembly to permit counties and school districts to create local grant programs funded by local tax money to support those adjustments. Voters will decide the amendment on a statewide ballot.

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