Constitutional amendment; providing credit for owners of property that qualify for certain limitation on the growth of fair cash value.

Updated document header from 'Committee Substitute' to 'House of Representatives - Floor Version' with revised page numbering and formatting.

Added 'Engrossed Senate' designation and co-sponsor information for Kannady of the House.

Removed 'Committee Substitute' designation from the bill title page.

Header changed from 'ENGROSSED SENATE' to 'COMMITTEE SUBSTITUTE' to indicate the bill has been amended by the committee.

Page footers changed from 'ENGR. S. B. NO. 1114' to 'Req. No. 1796' to reflect new tracking numbers for the committee substitute version.

Minor spacing adjustments in section headers and line breaks throughout the document.

Added requirement for Secretary of State to refer a proposed constitutional amendment to the people for approval or rejection, changing the bill from direct legislation to a constitutional amendment process.

Removed the original effective date of November 1, 2025, as the tax credit provisions now depend on voter approval of the constitutional amendment.

Changed the bill structure to include ballot title and referendum procedures, adding new sections for the proposed constitutional amendment text and voter ballot language.

Added detailed constitutional amendment text specifying income thresholds based on HUD median income data and expanded provisions for fair cash value limitations for seniors.