Amendment 3: Increased Homestead Exemption; Lower Cap on Increases in Non-Homestead Property Assessments
On every Florida ballot · November 3, 2026
The question on your ballot
This amendment increases the homestead exemption, for all non-school taxes, to $150,000 in 2027 and $250,000 in 2028, and adjusts for inflation thereafter. It requires the Legislature to prescribe a uniform procedure for counties and municipalities, for their respective levies, to increase the homestead exemption up to full assessed value, and allows special districts, subject to referendum approval, to do the same. Persons who are not Florida residents on December 31, 2026, will receive the existing homestead exemption upon qualifying for a homestead exemption, with the increased homestead exemption beginning with the fifth year of exemption, to the extent permitted by the U.S. Constitution. This amendment reduces the annual cap on assessment increases for non-homestead properties from 10% to 5%. This amendment requires counties and municipalities to use property taxes solely for public safety, education and schools, infrastructure, natural resources, bond debt service, retirement benefits for employees, and operations and administration. Other expenditures may be approved by county officers or county or municipal governing bodies unless prohibited by general law, notwithstanding Article VII, Section 9(a) of the Florida Constitution, which allows counties and municipalities to levy property taxes for their respective purposes. This amendment takes effect January 1, 2027.
In plain language
A VoterDecoder summary of the official measure text.
Amendment 3 raises the homestead exemption for all non-school taxes. The exemption becomes $150,000 in 2027 and $250,000 in 2028. After that, it adjusts for inflation. The amendment also lowers the annual cap on assessment increases for non-homestead property from 10% to 5%. Counties and municipalities must use property taxes only for listed purposes, such as public safety, education and schools, and infrastructure. A YES vote approves these changes, which take effect January 1, 2027. A NO vote keeps the current homestead exemption and the 10% cap.
Official ballot arguments
No official arguments were filed for or against this measure.
What supporters and opponents say — outside sources (not official ballot arguments)
Statements by campaigns, officials and news coverage, quoted with attribution and linked to the original. VoterDecoder did not write them and does not endorse either side.
Supporters say
No public statements in favor were found.
Opponents say
No public statements against were found.