06/22/2026
📢 Florida Property Tax Reform Expected on the November Ballot!
Florida voters may have the opportunity this November to vote on a constitutional amendment that could provide significant property tax relief for homeowners.
🏡 Key proposed changes:
✅ Increase the homestead exemption from $50,000 to $150,000 in 2027 and $250,000 in 2028
✅ Reduce annual assessment increases on many non-homestead properties from 10% to 5%
✅ Potentially lower property tax bills for many Florida homeowners
It’s important to note that nothing changes unless voters approve the amendment (60% approval), and school taxes would still apply.
This is a proposal worth watching, especially for current homeowners and anyone considering buying a home in Florida. Important to note the 5 year holding period for those establishing residency after December 31,2026.
What are your thoughts on the proposed tax reform? 👇