Florida Amendment 3: Voters Pass Historic Property Tax Caps
The measure raises the homestead exemption to $250,000 in 2028 and cuts annual assessment growth for non-homestead properties to 5%.
- On Tuesday, November 3, 2026, Florida voters approved Amendment 3 with 62% support, expanding homestead property tax exemptions and limiting assessment increases for non-homestead properties.
- Gov. Ron DeSantis championed the push for property tax cuts to assist homeowners facing rising living costs, though the final legislative version differed from his original proposal.
- The measure increases the homestead exemption for non-school taxes to $150,000 in 2027 and $250,000 in 2028, while reducing the non-homestead assessment growth cap from 10% to 5%.
- Local government revenue may drop by nearly $5 billion annually, prompting Miami-Dade Mayor Daniella Levine Cava to warn of potential cuts to fire rescue, libraries, and infrastructure.
- Beginning January 1, 2027, the plan takes effect, though new residents face a five-year waiting period for the full exemption and opponents warned cities may impose new fees.
32 Articles
32 Articles
Florida Voters Approve Amendment 3, Expanding Property Tax Breaks for Homeowners
(VINnews) – Florida voters approved Amendment 3 on Tuesday, paving the way for a major expansion of property tax exemptions for qualifying homeowners. The constitutional amendment increases the homestead exemption for non-school property taxes to $150,000 in 2027 and $250,000 in 2028, with future adjustments for inflation. The measure is expected to reduce property tax […]
Florida voters approve Amendment 3, upending property taxes, budget cuts across Florida - WSVN 7News | Miami News, Weather, Sports
Amendment 3 was approved by Florida voters, upending property taxes and budget cuts across the state. The amendment, which takes effect in January, will raise...
Florida voters give biggest win yet to property tax revolt with amendment
Voters in Florida approved a ballot measure to lower property taxes for homeowners, by far the most noteworthy victory so far for the growing nationwide revolt against property taxes. Amendment 3 in the Sunshine State was on track to be approved on Tuesday with 62% support and more than 95% of the votes in just […]
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