DeSantis Campaigns for Amendment 3 Tax Relief in Miami
Governor Ron DeSantis pushed for state property tax reforms during a roundtable discussion held in Miami.
Updated on Oct. 22, 2026 in Commercial
Live Poll
Do you support expanding homestead tax exemptions to lower your property tax burden?
Governor Ron DeSantis hosted a roundtable in Miami to advocate for Amendment 3, a proposal aimed at expanding homestead exemptions. The initiative seeks to provide significant property tax relief to Florida residents and business owners.
Why it matters
The proposed constitutional amendment is designed to combat rising property tax burdens across Florida. Supporters argue the changes will provide financial relief to homeowners while curbing local government spending growth.
Amendment 3 would expand the homestead exemption to $150,000 in 2027 and $250,000 in 2028. Additionally, the plan reduces the non-residential property assessment cap from 10% to 5%.
The players
Ron DeSantis
He is the serving Governor of Florida who has overseen $10 billion in tax relief measures during his administration.
Miami-Dade Sheriff's Office
The agency recently reported a reduction in annual technology costs by $12 million.
The details
Under the proposal, an average Miami-Dade homeowner with a $250,000 assessed value could save $2,500 annually. The state also highlighted that previous efforts, such as the repeal of the commercial rent tax, have already saved small businesses $2.7 billion annually.
Timeline
2019: Florida property tax revenues were $32 billion.
Fiscal year 2021: Start of the Miami-Dade general fund spending growth analysis.
October 22, 2026: Governor DeSantis hosted the roundtable in Miami.
2027: The homestead exemption is set to expand to $150,000 if approved.
2028: The homestead exemption is set to expand to $250,000 if approved.
Culture Shift
The proposed Amendment 3 represents a significant expansion of the Florida homestead exemption, which historically serves as the primary mechanism for state property tax relief. This push marks a departure from recent trends where property tax revenues have climbed to $60 billion.
Residents may see annual savings of up to $2,500 if the homestead exemption increase is implemented. Property owners should monitor the election results to understand how these changes might adjust their future tax bills.
The takeaway
Florida property owners should prepare for potential changes to their assessment caps and exemption limits. Keeping track of legislative updates will help homeowners effectively plan their long-term housing budgets.
Further reading
For additional context on local economic shifts, visit Miami Commercial.
Live Poll
Do you support expanding homestead tax exemptions to lower your property tax burden?
