Florida Amendment 3 — property-tax restructuring (CS/HJR 1-F)

What It Does

Raises qualifying non-school homestead exemptions, lowers non-homestead assessment-growth caps and restricts county/municipal property-tax uses.

Status: Legislature passed June 2; filed June 16, 2026. Voter approval required November 3; conditional January 1, 2027 start.

Legislatively referred constitutional amendment — not an enacted tax change

Potential Effects

Possible Benefits

Could reduce qualifying owners' taxable value and slow assessed-value growth.

Potential Trade-Offs

Less local property-tax revenue can force spending, fee or other revenue choices; new residents face different exemption timing, and renters get no automatic homestead exemption.

Potential effects are analysis, not guaranteed household outcomes. The interactive guide retains the full income and scenario breakdown where evidence is available.

Original Sources