Florida voters will decide this November whether to make significant changes to how property taxes are calculated for homeowners and other property owners across the state.
Amendment 3, titled “Increased Homestead Exemption; Lower Cap on Increases in Non-Homestead Property Assessments,” will appear on the Nov. 3, 2026 General election ballot. Read the full amendment HERE.
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News 6 and the News Collaborative of Central Florida are bringing that conversation directly to Central Floridians.
On Monday, Sept. 28 from 8–9 p.m., News 6 will host a live, primetime Community Conversation: Property Taxes, bringing together panelists with different perspectives, members of our community and questions submitted by viewers.
Submit your questions by CLICKING HERE, and your question could become part of our live Community Conversation.
If approved, the amendment would change Florida’s Constitution in two major ways.
For qualifying Florida homeowners, the proposal would increase the homestead exemption that applies to non-school property taxes. For eligible residents who establish permanent residency by Dec. 31, 2026, the exemption would increase to as much as $150,000 in 2027 and $250,000 in 2028. Beginning in 2029, that amount would be adjusted when inflation is positive.
[WATCH: POLITCALLY MOTIVATED: Property Tax Amendment]
The increased exemption would not apply to school district property taxes, meaning the amendment would not provide the same exemption against the portion of a homeowner’s property tax bill that funds local school districts.
The proposal also addresses people who become Florida residents beginning in 2027. Those homeowners would initially receive the existing homestead exemption and generally would have to wait until their fifth year of qualifying for homestead before becoming eligible for the increased exemption, subject to the provisions included in the proposed constitutional amendment.
The second major change involves certain non-homestead properties, including residential and nonresidential property that does not qualify for the homestead exemption.
Currently, increases in the assessed value of those properties are generally capped at 10% annually. Amendment 3 would lower that cap to 5%, limiting how quickly their assessed value could increase for property-tax purposes.
The proposal also includes provisions addressing how counties and municipalities use property-tax revenue, including funding for public safety, infrastructure, government operations and other local responsibilities.
Those changes have generated a broader discussion about two sides of Florida’s property-tax equation: how much property owners pay and how changes to that revenue could affect local governments and the services they provide.
If voters approve Amendment 3, the constitutional changes would take effect Jan. 1, 2027.
What questions do you have?
News 6 and the News Collaborative of Central Florida are bringing that conversation directly to Central Floridians.
On Monday, Sept. 28 from 8–9 p.m., News 6 will host a live, primetime Community Conversation: Property Taxes, bringing together panelists with different perspectives, members of our community and questions submitted by viewers.
What could Amendment 3 mean for your property-tax bill? What could it mean for renters, businesses or local services? And what should you understand before casting your vote?
We want to hear from you. Submit your questions by clicking here, and your question could become part of our live Community Conversation.