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Skilled labor shortages in Florida are likely to become even more dramatic in late 2017 and into early 2018.

Headlines

Realtors sink $4 million into constitutional amendment

After contributing $500,000 earlier in August, the industry group Florida Realtors has put another $4 million into an effort to pass a constitutional amendment that would extend a property-tax cap for commercial and other non-homestead properties.

The group contributed the money Aug. 29 and Aug. 30 to a political committee known as Amendment 2 is for Everybody, according to the state Division of Elections website. The committee had nearly $4.42 million in cash on hand as of Aug. 31.

The Legislature placed the proposed constitutional amendment on the November ballot.

Voters in 2008 approved a constitutional change that placed a 10 percent cap on annual increases in assessed values of non-homestead properties. The limit will expire Jan. 1 unless it is extended by voters through this year’s proposed constitutional amendment.

The News Service of Florida provides journalists, lobbyists, government officials and other civic leaders with comprehensive, objective information about the activities of state government year-round.

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