Florida · November 3, 2026 general election · Statewide ballot measure
Amendment 1: what your vote means
Budget Stabilization Fund. On every Florida ballot. Official sources checked October 26, 2026.
Amendment 1 · Legislatively referred constitutional amendment (Article III, Section 19)
Budget Stabilization Fund
BUDGET STABILIZATION FUND.— Proposing an amendment to the State Constitution to increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the legislature to transfer the lesser of $750 million or the amount required to reach 25% of the general revenue collections each year unless certain conditions are met, and allow the legislature to withdraw funds for critical state needs.
Ballot title and ballot summary as printed in the Florida Department of State’s 2026 Proposed Constitutional Amendments booklet.
A YES vote means:
The state’s Budget Stabilization Fund could hold up to 25% of general revenue collections instead of 10%, and the Legislature would have to transfer up to $750 million into it each year unless certain conditions are met.
A NO vote means:
The current 10% limit on the Budget Stabilization Fund stays in place.
What it would change
- Who is affected: the state budget and the Legislature.
- Annual transfer: the lesser of $750 million or the amount needed to reach 25%, unless certain conditions are met.
- Withdrawals: the Legislature could withdraw funds for critical state needs.
- Fiscal impact: No official fiscal impact statement is published with this amendment; Florida requires a financial impact statement only for citizen-initiated amendments.
Who supports it and who opposes it
These lists come from official campaign filings (registered committees) and public endorsements, each linked to its source. They are not complete, and SaveYourState does not endorse anyone listed.
Who supports it
Not yet compiled
Who opposes it
Not yet compiled
Official sources
- Proposed Constitutional Amendments booklet, Amendment 1 (PDF, p. 3)
- Full text of Amendment 1, Proposed Constitutional Amendments booklet (PDF, p. 3)
- Florida Division of Elections: constitutional amendments database
SaveYourState is independent and nonpartisan, not a government site, and does not take positions on ballot measures. This explainer describes effects only, using the official ballot title, explanatory statement, full text, and fiscal impact statement. If anything here differs from those documents, the official documents control.