Florida Voters to Decide on Homestead Tax Amendment

The November 3, 2026 general election ballot includes a measure that would significantly increase the homestead property tax exemption.

Updated on Oct. 30, 2026 in Residential

Isometric editorial illustration of a single residential house volume standing on a flat plinth. — Florida voters will decide on November 3, 2026, whether to approve Amendment 3, a measure to increase homestead property tax exemptions for primary residences. AI Illustration. Upload story photo >

Live Poll

Should Florida prioritize increasing homestead tax exemptions over maintaining current local public service funding?

Florida voters will cast their ballots on Amendment 3 during the November 3, 2026 general election. This proposed amendment seeks to raise the non-school homestead property tax exemption for primary residences.

Why it matters

Supporters aim to provide financial relief to homeowners facing mounting costs for insurance and healthcare. The change would shield a larger portion of home values from county, municipal, and special district taxes.

The proposal would raise the non-school homestead exemption to $150,000 in 2027 and $250,000 by 2028. Supporters are currently outspending opponents by a 38 to 1 ratio in advertising.

The players

Royal Palm Beach

This municipality projects a $4 million property tax revenue loss and a total $7.65 million operating budget shortfall if the measure passes.

West Palm Beach

Local officials in this city expect a $21.7 million revenue loss if the proposed amendment is enacted.

Wellington

This community anticipates a $7.2 million reduction in tax revenue following the potential implementation of the exemption increase.

The details

If approved, the exemption threshold would be adjusted for inflation starting in 2029 to maintain its value. Municipalities may attempt to recover lost tax funds by reducing staff or introducing new non-ad valorem assessments.

November 3, 2026: General election ballot vote for Amendment 3
2027: Exemption increases to $150,000 and initial budget impacts begin
2028: Exemption increases to $250,000
2029: Exemption adjustment for inflation begins

Culture Shift

This amendment represents a major expansion of the Florida homestead property tax exemption. It reflects a broader societal push to mitigate the impact of rising living costs on long-term home ownership.

Homeowners may see lower annual tax bills if the amendment passes, potentially saving thousands on their primary residence taxes. Conversely, residents should prepare for potential changes to local service fees as municipalities seek to fill budget gaps.

The takeaway

Voters should weigh the benefit of immediate property tax savings against the potential for reduced municipal services or new local fees. The passage of this measure would shift significant financial pressure from individual homeowners to local government operating budgets.