Article VII, Section 12 of the Florida Constitution

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Article VII, Section 12 of the Florida Constitution is the provision that governs how local governments in Florida may issue bonds and incur long-term debt, including voter approval and repayment requirements.

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Statements (43)

Predicate Object
instanceOf constitutional provision
allows issuance of revenue bonds without voter approval when payable solely from non-ad valorem revenues, subject to other law
appliesTo counties in Florida
general obligation bonds of local governments in Florida
municipalities in Florida
refunding bonds of local governments in Florida, subject to its terms
school districts in Florida
special districts in Florida
bindingOn all political subdivisions of the State of Florida to which it applies
category state constitutional finance provision
citedAs Fla. Const. art. VII, § 12
concerns long-term obligations of local governments rather than short-term financing instruments
distinguishesBetween bonds payable from ad valorem taxes and bonds payable from other revenue sources
effectiveIn Florida
enforcedThrough bond validation proceedings in Florida courts
frameworkFor local government debt policy in Florida
governs incurrence of long-term debt by local governments in Florida
issuance of bonds by local governments in Florida
use of ad valorem tax millage for payment of principal and interest on certain bonds
hasPurpose to protect taxpayers from unapproved long-term indebtedness secured by property taxes
to regulate how local governments in Florida may issue bonds and incur long-term debt
higherNormThan conflicting local charter provisions on bond issuance
conflicting local ordinances on bond issuance
imposes limitations on issuance of bonds payable from ad valorem taxation
interpretedBy Florida courts
jurisdiction Florida
surface form: State of Florida
languageType legal text
legalEffect limits local government authority to pledge ad valorem tax revenues for debt without required voter approval
sets constitutional conditions precedent to issuance of certain local government bonds
locatedIn Article VII of the Florida Constitution
Finance and Taxation article of the Florida Constitution
partOf Constitution of Florida
surface form: Constitution of the State of Florida
relatedTo Article VII, Section 10 of the Florida Constitution
Article VII, Section 11 of the Florida Constitution
relatesTo ad valorem taxation for debt service
local government fiscal responsibility
requires approval by a majority of the electors who are qualified freeholders residing in the affected area for certain bonds
that any required referendum on bonds be held in the jurisdiction issuing the bonds
that bonds be payable from ad valorem taxes on real property when issued as general obligation bonds under the section
that bonds payable from ad valorem taxation be approved by electors when required by the section
voter approval for certain local government general obligation bonds
subjectMatter local government bonds
local government long-term debt

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Article VII hasSection Article VII, Section 12 of the Florida Constitution
subject surface form: Article VII of the Florida Constitution
Article VII, Section 11 of the Florida Constitution relatedTo Article VII, Section 12 of the Florida Constitution