Florida Amendment 3 Passes: Homestead Exemption Rises to $150,000 in 2027 and $250,000 in 2028, Plus a 5% Cap on Non-Homestead Assessments
Florida voters approved Amendment 3 on November 3, 2026, raising the homestead non-school property tax exemption to up to $150,000 in 2027 and $250,000 in 2028, and cutting the non-homestead assessment increase cap for non-school taxes from 10% to 5%. We explain who qualifies (including new residents after January 1, 2027), what stays the same for school taxes and Save Our Homes, and the August 2027 TRIM / November 2027 bill timeline.
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