Florida Amendment 1 — larger budget stabilization fund (HJR 5019)

What It Does

Raises reserve-fund ceiling from 10% to 25% of general revenue, requires annual transfers up to $750 million subject to exceptions, and permits withdrawals for critical needs.

Status: Legislature passed June 16; filed June 17, 2025. On November 3, 2026 ballot; voter approval required.

Legislatively referred constitutional amendment — pending voter decision

Potential Effects

Possible Benefits

Could provide a larger buffer against recessions or emergencies.

Potential Trade-Offs

More money reserved now is less available for current services, investment or tax relief; withdrawal flexibility requires disciplined oversight.

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

Original Sources