Florida Amendment 3 Passes with 61.98 Percent, Raising Homestead Exemption to $150,000 in 2027

Florida voters approved Amendment 3 in the November 3 general election, with 61.98 percent support — clearing the 60 percent threshold required to amend the state constitution.
Unofficial results from Florida election officials showed 4,918,979 votes in favor, or 61.98 percent, and 3,016,994 against, or 38.02 percent, with 95 percent of precincts reporting. The results await certification by the state canvassing board.
Officially titled as a measure to raise homestead exemptions, lower non-homestead assessment caps and restrict spending, Amendment 3 lifts the non-school homestead property tax exemption from the current $25,000 to $150,000 in 2027 and $250,000 in 2028, with inflation adjustments thereafter, and cuts the annual assessment increase cap for non-homestead property from 10 percent to 5 percent. It does not touch school district taxes, does not affect 2026 tax bills, and takes effect January 1, 2027, first applying to the 2027 tax rolls.
Critics warn the larger exemption will sharply cut local government revenue; supporters call it a clear message from voters demanding real relief from housing tax burdens.
(Source: Ballotpedia)
Source: Ballotpedia
Published by GSM · USA (original Chinese edition)
Photo: 图:佛罗里达州议会大厦,位于 Tallahassee(资料图)。Wikimedia Commons。 / Photo: The Florida State Capitol in Tallahassee (file photo). Wikimedia Commons.

