Florida Property Tax · Plain English

What the Property Tax Amendment Actually Does.

Florida voters approved the measure as Amendment 3 on November 3, 2026, per unofficial results; the state certifies official results later. Here it is with no spin: what changes in 2027 and 2028, what does not change, and the rule for newcomers. No campaign slogans, and no position on the measure.

Result: Amendment 3 passed. Per unofficial results reported Nov. 3–4: about 62% yes and 38% no, above the 60% a constitutional amendment needs. The state certifies official results later. 2026 tax bills are unchanged; the changes take effect January 1, 2027. What it means for homeowners, buyers and investors →
Measure
CS/HJR 1F homestead exemption
Result
Passed Nov. 3, 2026 · about 62% yes (unofficial; 60% needed)
Passed Legislature
June 2026 special session (House 75-26, Senate 30-9)
Takes effect
January 1, 2027 · 2026 bills unchanged
Estimate your 2027 and 2028 bill: the amendment calculator →
Planning a move? Check the December 31, 2026 residency deadline. Own a second home or rental? See the 10% to 5% non-homestead cap calculator.
New data: as Amendment 3 phases in, a Citizens homeowners policy would cost more than the typical homestead property tax bill in 63 of Florida’s 67 counties by 2028, up from 29 today. See the county map and table.

The short version.

Florida's amendment, approved by voters on November 3, 2026 per unofficial results, will raise the homestead exemption on non-school property taxes. Today the homestead exemption covers the first $50,000 of your home's value. Starting January 1, 2027, the amendment lifts the non-school portion to $150,000 in 2027 and $250,000 in 2028. It leaves school taxes alone, it only helps a homesteaded primary residence, and it phases in over two years. It is a bigger exemption, not the elimination of property taxes. A separate full-elimination proposal, HJR 203, did not pass the Legislature and was not on the ballot.

What it coversToday20272028
Non-school homestead exemptionFirst $50,000 of valueFirst $150,000First $250,000
School-district taxesTaxed on full valueUnchangedUnchanged
Non-homestead assessment cap10% per year5% per year (from Jan 1, 2027)5% per year
New residents after Dec 31, 2026n/a$50,000 exemption for 5 yearsFull exemption after 5 years

What happens next

School taxes keep the $25,000 exemption, and Save Our Homes (the 3%-or-CPI cap on homestead assessments) is unchanged. Savings shown on this site are estimates; run yours in the Amendment 3 calculator or read what the result means.

What people think vs what it does.

What people think
It eliminates property taxes in Florida.
What it actually does
It raises the homestead exemption on the non-school part of your bill. You still pay on value above the exemption and you still pay all school taxes. Full elimination (HJR 203) did not pass and was not on the ballot.
What people think
It cuts school funding.
What it actually does
School district taxes are specifically excluded. The exemption only reduces county, city, and special-district (non-school) taxes, so classroom funding is not the money at stake.
What people think
Renters and second-home owners get the break too.
What it actually does
Only a homesteaded primary residence gets the larger exemption. Non-homestead property gets its annual increase cap cut from 10% to 5%, which slows increases but does not exempt value.
What people think
Everyone gets the full $250,000 right away.
What it actually does
It phases in: $150,000 in 2027, $250,000 in 2028. And anyone who becomes a Florida resident after December 31, 2026 gets only the $50,000 exemption for five years first.

The lawsuit over the ballot wording.

On June 11, 2026, a nonprofit called Save Our Voters From Misleading Ballot Language, joined by two former mayors, filed suit in Leon County Circuit Court. They did not challenge the tax cut itself. They challenged the words on the ballot, arguing the title "Save Our Homes From Excessive Property Taxes" is a campaign slogan rather than a neutral description, and that the summary implies public services stay fully funded when local governments would have to absorb a large revenue cut. The honest civic point on both sides is real: homeowners get relief, and local non-school budgets lose the same dollars. We quantify that tradeoff for all 67 counties on the county impact page. On August 4, 2026 the court ruled the title and summary defective; the Attorney General delivered rewritten language on August 14, and the amendment stayed on the ballot.

Common questions.

Does the Florida property tax amendment eliminate property taxes?
No. It raises the homestead exemption on non-school property taxes, from the first $50,000 of value today to $150,000 in 2027 and $250,000 in 2028. You still pay property tax on any value above the exemption, you still pay all school district taxes (the amendment does not touch those), and only a homesteaded primary residence qualifies. A separate, broader full-elimination proposal (HJR 203) did not pass the Legislature and was not on the ballot. So this is a larger exemption, not the end of property taxes.
What exactly changes in 2027 and 2028?
Two things. First, the non-school homestead exemption rises to $150,000 of assessed value in 2027 and $250,000 in 2028. School taxes are excluded, so the exemption only reduces the county, city, and special-district portion of your bill. Second, starting January 1, 2027, the annual assessment increase cap on non-homestead property (second homes, rentals, commercial) drops from 10% to 5%, which slows how fast those bills can rise but does not exempt them.
Is there a catch for people who move to Florida?
Yes. To get the larger exemption right away you must be a permanent Florida resident as of December 31, 2026. Owners who establish Florida residency after that date receive only the existing $50,000 exemption for five years, then qualify for the full amount. In practice, newcomers after the deadline wait several years before they see the $250,000 benefit.
What happened with the lawsuit over the ballot wording?
On June 11, 2026, a nonprofit called Save Our Voters From Misleading Ballot Language, along with two former mayors, sued in Leon County Circuit Court. The suit challenged the wording voters would see, not the tax plan itself. On August 4, 2026 the court ruled the ballot title and summary defective, the Attorney General delivered rewritten language on August 14, and the amendment stayed on the ballot.
Did the amendment pass, and when does it take effect?
Amendment 3 passed on November 3, 2026, per unofficial results reported Nov. 3-4: about 62% yes and 38% no, above the 60% a constitutional amendment needs. The state certifies official results later. It takes effect January 1, 2027. 2026 tax bills are unchanged, and the first bills affected are expected in November 2027, after TRIM notices in August 2027.

Sources.

Unofficial results (about 62% yes, 38% no) are from Newsweek and FOX 13, citing the Florida Department of State; the state certifies official results later. Effective dates, the residency rule and the Revenue Estimating Conference figures are from the Florida House staff analysis of CS/HJR 1F; the bill-timing note is from the Manatee County Property Appraiser FAQ; the ballot-summary provisions are summarized by the Florida Policy Institute. Amendment provisions and the June 2026 special-session vote are from Florida Realtors, ClickOrlando, and the bill record at flsenate.gov. The five-year wait for new residents who establish Florida residency after December 31, 2026 is reported by Fox Business and in the Florida House staff analysis. The ballot-language lawsuit, filed June 11, 2026 in Leon County Circuit Court, is reported by News4Jax, CBS Miami, and Florida Phoenix. This page is informational and non-partisan. It explains what the measure does and does not do and does not recommend a vote.

Keep going.

Read what the result means for homeowners, buyers and investors, estimate your own number in the Florida amendment calculator, follow where the measure stands on the amendment tracker, see what each county stands to lose on the county impact page, estimate your real bill in the Save Our Homes tax estimator, or open your county from the full Florida property tax hub.

Using these figures? Link to this page as the source so readers can see the live numbers; they refresh from Momentum Realty’s MLS and county data (as of 2026-11-11). Suggested attribution:
<a href="https://movewithmomentum.com/florida-property-tax/what-it-does">What Florida Amendment 3 Actually Does (Passed Nov. 3, 2026) — Momentum Realty</a>
Press and data requests: jon@movewithmomentum.com · Florida Housing Intelligence

Part of the Florida property tax hub: the statewide tracker, Save Our Homes guide and every county's page, or start from the county-by-county estimator.