§354.__Imposition of special taxes

A governmental entity, by a 2/3 referendum vote of qualified voters held at a general election, held by referendum, may impose special taxes on a governmental entity, except no ad valorem taxes or special tax may be imposed on real and personal property or a transaction tax or sales tax on the sale of real and personal property within that governmental entity.

§355.__Effective date of article

This article shall take effect for the tax year beginning on April 1 following the passage of this Amendment, except section 354, which shall become effective upon the passage of this article.

§356.__Condition

From and after the effective date of this article, any changes in the taxes on any ad valorem tax on real property and personal property for the purpose of increasing revenues collected pursuant thereto whether by increased rates or changes in the methods of computation must be imposed by an Act passed by not less than 2/3 of the votes cast, and said vote shall be held in a statewide referendum in a general election.

§357.__Real and personal property transfers between parents and

children

For purposes of subdivision (A), the terms "purchased" and "change of ownership" shall not include the purchase or transfer of the principal residence and personal property of the transferor in the case of a purchase or transfer between parents and their children, as defined by the Legislature, and the purchase or transfer of the first $1,000,000 of the full cash value of all other real and personal property between parents and their children, as defined by the Legislature.__This subdivision