On today's Florida ballot -- Update

When Florida voters go to the polls today, they'll also vote on a measure designed to slash property taxes by $12.4 billion and boost the state’s slumping real estate market. Donald Trump, a Palm Beach County homeowner who pays $1 million annually in property tax there, is helping Governor Charlie Crist with the amendment. Here's the proposed question:

Property tax exemptions; limitations on property tax assessments
This revision proposes changes to the State Constitution relating to property taxation. With respect to homestead property, this revision: (1) increases the homestead exemption except for school district taxes and (2) allows homestead property owners to transfer up to $500,000 of their Save-Our-Homes benefits to their next homestead. With respect to nonhomestead property, this revision (3) provides a $25,000 exemption for tangible personal property and (4) limits assessment increases for specified nonhomestead real property except for school district taxes. Yes or no

Update (Wednesday): Passes. Here's the Orlando Sentinel article.