Local school district tax; authorize assessment of residential homesteaded property owned by individuals of certain ages at 20 percent of its fair market value; authorize General Assembly - CA

A RESOLUTION proposing an amendment to the Constitution so as to authorize the General Assembly to provide by general law for local referenda to authorize assessment of residential homesteaded property owned by individuals of certain ages at 20 percent of its fair market value regarding local school district taxes for educational purposes; to provide for the repeal of such assessments; to provide for the submission of this amendment for ratification or rejection; and for other purposes.