Stranburg – when does a property right exist in a tax exemption?

Interesting case this month from the First DCA, it arose in the context of a property tax exemption related to affordable housing.  The legislature deleted this exemption during the legislative session and specified the exemption would be deleted retroactively.  The question then was whether the exemption could constitutionally be deleted for the current 2013 tax year, or had the exemption vested on January 1, 2013, and was is a property right that could not be removed retroactively.  The Court held it was a vested property right, but the opinion issued with a dissent.

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