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Florida · November 3, 2026 general election · Statewide ballot measure

Amendment 3: what your vote means

Higher homestead exemption and lower assessment cap for non-homestead property. On every Florida ballot. Official sources checked October 26, 2026.

Amendment 3 · Legislatively referred constitutional amendment (Article VII, Sections 4, 6, and 9; Article XII)

Higher homestead exemption and lower assessment cap for non-homestead property

Official ballot title (quoted exactly)

INCREASED HOMESTEAD EXEMPTION; LOWER CAP ON INCREASES IN NON-HOMESTEAD PROPERTY ASSESSMENTS.— 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.

Ballot title and ballot summary as printed in the Florida Department of State’s 2026 Proposed Constitutional Amendments booklet.

A YES vote means:

The homestead exemption from non-school property taxes would rise to $150,000 in 2027 and $250,000 in 2028, the yearly cap on assessment increases for non-homestead property would drop from 10% to 5%, and counties and cities would have to use property taxes for listed purposes such as public safety, schools, and infrastructure; other spending could still be approved by local officials unless state law prohibits it.

A NO vote means:

Current homestead exemptions, the 10% cap on non-homestead assessment increases, and local governments’ use of property taxes stay as they are.

What it would change

  • Who is affected: homeowners, owners of non-homestead property such as rentals and businesses, and counties, cities, and special districts.
  • Local options: counties and cities could raise the exemption up to full assessed value for their own levies; special districts could with referendum approval.
  • New residents: people who are not Florida residents on December 31, 2026 would get the larger exemption starting in their fifth year of exemption.
  • Effective: January 1, 2027.
  • 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. Lists checked October 30, 2026.

Who supports it

Who opposes it

Official sources

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.