Understanding what Amendment 3 means for your property taxes

What Amendment 3 does

Amendment 3 raises the homestead exemptionA reduction in the taxable value of your permanent Florida home that lowers your property tax bill. for all non-school property taxesThe part of your property taxes that funds your city, the county, and special districts, but not the school district. Amendment 3 changes only these.. It does not change school taxes, and it does not change non-ad valorem assessmentsFixed charges on your tax bill for services like fire, garbage, or stormwater. They are not based on your property’s value, and Amendment 3 does not change them. like fire, garbage, or stormwater fees.

• TodayThe standard non-school homestead exemption is $25,000, plus up to an additional $25,722 on assessed value between $50,000 and $75,000, for up to $50,722 in total.
• November 3, 2026Amendment 3 appears on the statewide ballot. It needs 60% voter approval to pass.
• January 1, 2027If approved, the exemption rises to the first $150,000 of assessed value.
• January 1, 2028The exemption rises again, to the first $250,000 of assessed value, where it is scheduled to remain (adjusted for inflation from 2029 on).

A person who had not maintained a permanent Florida residence as of December 31, 2026, and who establishes a homestead on or after January 1, 2027, is exempt up to $25,000 for school levies and $50,000 for all other levies, with that $50,000 adjusted for inflation from 2028. Beginning with their fifth year of exemption they receive the full non-school exemption. From January 1, 2030 a county or municipality may, by a two-thirds vote of its full governing body, determine that a reduction of that five-year requirement is warranted for a critical local need.

A separate provision in the amendment lowers the annual assessment-increase cap on non-homesteaded properties from 10% to 5%, beginning in 2027. The existing 3%/CPI cap on homesteaded properties (Save Our Homes) is unchanged.

How to read the results

• Enter your address and select it from the list, or navigate to your city if you’d rather not share your address.
• If you enter an address, the tool pulls the parcel’s assessed value from the 2026 Preliminary property appraiser roll automatically - there is nothing to type - and shows your estimated savings alongside the impact to your city and to the county.
• If you navigate to your city instead, you’ll see only the citywide and county impact, since there is no specific parcel to estimate personal savings from.
• Each city and county impact box shows the loss as a share of that government’s General Fund, the estimated dollar loss for 2027 and 2028, and a link to the full budget breakdown for that jurisdiction.

See Our Methodology for the full data sources and assumptions.