Palmetto, City of; ad valorem tax for municipal purposes; provide homestead exemption

A BILL to be entitled an Act to provide a homestead exemption from City of Palmetto ad valorem taxes for municipal purposes in the amount of the full assessed value of the homestead for residents of that city who are 65 years of age or older; to provide for definitions; to specify the terms and conditions of the exemption and the procedures relating thereto; to provide for applicability; to provide for compliance with constitutional requirements; to provide for a referendum, effective dates, automatic repeal, mandatory execution of election, and judicial remedies regarding failure to comply; to provide for related matters; to repeal conflicting laws; and for other purposes.