Florida Realtors Puts $10 Million Behind Amendment 3 as Opponents Warn of Service Cuts
The campaign says the measure would add a $150,000 homestead exemption next year and a $250,000 exemption in 2028.
- The Florida Realtors political committee invested $10 million into the Vote Yes on 3 campaign last week, marking the first major financial push to secure voter approval for the proposed property tax amendment in November.
- Amendment 3 would increase homestead exemptions for non-school property taxes to $150,000 in 2027 and $250,000 in 2028, while lowering the annual assessment-growth cap on non-homestead properties from 10% to 5%.
- Florida Realtors CEO Margy Grant argued the measure allows homeowners to "keep more of it," while Vote No on 3 spokesperson Edie Ousley countered that costs would "shift onto fees, additional assessments."
- State economists project the amendment would reduce annual local, non-school property tax revenue by about $11.8 billion if approved, prompting opponents to warn of potential cuts to public services and higher fees.
- Governor Ron DeSantis now plans to campaign for the amendment despite initially seeking a larger tax cut, adding political momentum to the Realtors' initiative ahead of the November vote.
12 Articles
12 Articles
Florida Realtors Launches ‘Vote Yes on 3’ Campaign
Florida Realtors launched a campaign Wednesday in support Amendment 3, the proposed constitutional amendment that would expand homestead property tax exemptions and lower the annual assessment cap on non-homestead properties. The association’s “Vote Yes on 3” campaign is intended to explain the amendment’s provisions and encourage support ahead of the Nov. 3 general election. Florida Realtors’ Board of Directors voted Aug. 23 to endorse the meas…
Sun-Sentinel
Orlando SentinelFlorida Realtors put $10 million into backing proposed property tax cut
The Florida Realtors trade group is getting behind Amendment 3, the major property tax cut on the November ballot, putting $10 million to support the measure.
Florida Realtors launches ‘Vote Yes on 3’ campaign for property tax amendment
TALLAHASSEE, Fla. — Florida Realtors launched a statewide campaign urging voters to approve Amendment 3 in November, backing a proposed constitutional amendment that would increase property tax exemptions for Florida homeowners and lower the annual assessment cap for certain non-homestead properties. The association announced its “Vote Yes on 3” campaign in September, saying the measure… The post Florida Realtors launches ‘Vote Yes on 3’ campaig…
Florida Realtors® Launches Vote Yes on 3 Campaign to Deliver Property Tax Relief to Florida Homeowners
TALLAHASSEE, Fla., Sept. 9, 2026 — Florida Realtors®, the state’s largest professional trade association, today announced the launch of its Vote Yes on 3 campaign, urging Floridians to approve Amendment 3 on the November 2026 ballot and provide meaningful property tax relief to homeowners across the state.The campaign comes as Florida families continue to face rising […]
Florida Today
Realtors put $10 million into campaign to pass property tax measure
Florida Realtors have put $10 million into a campaign to pass the Amendment 3 property tax-cutting ballot measure.
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