6.__Homestead land value.__A municipality may limit the rate of change in the taxable value of homestead land to the rate of change in purchasing power of United States currency as consistently measured by a reliable index adopted by the Legislature.__This limitation does not apply to changes in value arising from physical alterations to the land or arising from changes in law affecting authorized use of the land.

"Homestead land" means land that is exclusively and continuously owned by one or more residents of the State while the land remains the principal home of each owner.__The taxable value of the parcel must be restored to just value upon change in ownership or use.__A homestead parcel qualifying for the limitation may not be larger than reasonably necessary to support a personal residence and may be otherwise limited or defined by the Legislature.

The decision by a municipality to limit the rate of change in taxable value of homestead land under this subsection does not affect the determination of the equalized just value of taxable property in the municipality for any purpose.

; and be it further

Constitutional referendum procedure; form of question; effective date. Resolved: That the municipal officers of this State shall notify the inhabitants of their respective cities, towns and plantations to meet, in the manner prescribed by law for holding a statewide election, at a statewide election, on the Tuesday following the first Monday of November following the passage of this resolution, to vote upon the ratification of the amendment proposed in this resolution by voting upon the following question:

"Do you favor amending the Constitution of Maine to allow:

1. The Legislature to provide for the assessment of land and structures used primarily for commercial fishing purposes based on the current use of that property, if the muncipality in which the land and structures are found decides to make that option available; and

2. Municipalities to limit the rate of change in the taxable value of homestead land to the rate of change in purchasing power of United States currency as consistently measured by a reliable index adopted by the Legislature?"

The legal voters of each city, town and plantation shall