A majority of Floridians didn’t just vote for president-elect Obama last Tuesday, but also for Amendment 4 to the Florida constitution. According to Environmental News Service (ENS), Amendment 4 will “allow land that is being used for conservation purposes, but which has not been permanently set aside, to be taxed according to its conservation use.” In other words, no property taxes as we know them.
Time will tell if more regulation needs to be added to the new amendment because other groups have cited possible problems with lost tax base while others tout it as the saving grace for the Everglades and the endangered Florida Panther.
The Nature Conservancy had a hand in getting this amendment passed, and hopes that it will be “a powerful incentive for more private landowners to engage in conserving Florida’s forests, waters and wildlife.”
You’ve got to admit it is a cheap and easy way to nudge people into another way of thinking about conserving places that are at once beautiful and vital to our ecosystems that would have been too costly to maintain under the former property tax structure.
It will be interesting to see how this works out. The tax exemption begins in 2010.
Read more: http://www.ens-newswire.com/ens/nov2008/2008-11-06-091.asp.
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