06/04/2026
🏡 Florida Homeowners: A Major Property Tax Change Could Be Coming!
The Florida Legislature has approved a proposed constitutional amendment that could significantly reduce property taxes for many homeowners if voters approve it this November.
Key highlights:
✅ Homestead exemption could increase to $150,000 in 2027 and $250,000 in 2028 (for the non-school portion of property taxes)
✅ Additional protections for non-homestead properties, with assessment increases capped at 5% instead of 10%
✅ Future opportunities for local governments to provide even more property tax relief
✅ Homestead exemptions would be adjusted annually for inflation
Before celebrating, remember that this is not law yet. Florida voters must approve the amendment with at least 60% support in the November election before any changes take effect.
Whether you're a homeowner, future buyer, investor, or seasonal resident, this is an important proposal to keep an eye on as it could impact property ownership costs across Florida.
What are your thoughts? Would this amendment help you or your family? Share your opinion below! 👇
