Amendment 3: INCREASED HOMESTEAD EXEMPTION; LOWER CAP ON INCREASES IN NON-HOMESTEAD PROPERTY ASSESSMENTS

Florida · constitutional amendment (legislative joint resolution) · on the November 3, 2026 ballot. The ballot wording, in the state’s own words, each read the same way for rhetorical techniques. We don’t recommend a vote.

On the ballot

no rhetorical technique found

This amendment increases the homestead exemption, for all non-school taxes, to $150,000 in 2027 and $250,000 in 2028, and adjusts for inflation thereafter.

It requires the Legislature to prescribe a uniform procedure for counties and municipalities, for their respective levies, to increase the homestead exemption up to full assessed value, and allows special districts, subject to referendum approval, to do the same.

Persons who are not Florida residents on December 31, 2026, will receive the existing homestead exemption upon qualifying for a homestead exemption, with the increased homestead exemption beginning with the fifth year of exemption, to the extent permitted by the U.S. Constitution. This amendment reduces the annual cap on assessment increases for non-homestead properties from 10% to 5%.

This amendment requires counties and municipalities to use property taxes solely for public safety, education and schools, infrastructure, natural resources, bond debt service, retirement benefits for employees, and operations and administration.

Other expenditures may be approved by county officers or county or municipal governing bodies unless prohibited by general law, notwithstanding Article VII, Section 9(a) of the Florida Constitution, which allows counties and municipalities to levy property taxes for their respective purposes. This amendment takes effect January 1, 2027.

From constitutionalinitiatives.dos.fl.gov. Checked 2026-10-20. Confirm with your official ballot (sample-ballot lookup).

Florida publishes no official arguments for or against. The Division of Elections booklet prints only the ballot title, ballot summary and full text.

Who’s behind it

Party positions: Florida Democratic Party: No · Republican Party of Florida: Yes

Committees registered to support or oppose Amendment 3, and what they reported to Florida Division of Elections - committee list download and Campaign Documents (dos.elections.myflorida.com); the contribution/expenditure database was unavailable. Checked 2026-10-21.

Before comparing the sides: each committee’s figures come from its own latest report, so they can cover different dates. Some committees work on more than one measure or other campaigns, and their totals include all of it. A side with no registered committee can still have supporters. How much a side raised says nothing about whether the measure is a good idea.

Supporting

Vote Yes on 3

Ballot measure committee

Raised $21,516,510 · spent $14,465,117 · as reported through Oct 9, 2026

Largest contributors as filed:

  • FLORIDA REALTORS · $19,500,000
    Trade or professional association
  • NATIONAL ASSOCIATION OF REALTORS · $2,016,500
    Trade or professional association · federal PAC contributions, 2025–26: $1,944,250 to Democratic and $2,166,500 to Republican candidates and party committees, $13,000 to others (FEC)

Opposing

Vote No on 3 Florida, Inc.

Ballot measure committee

Raised $457,794 · spent $456,607 · as reported through Oct 16, 2026

Largest contributors as filed:

  • STOP UNFAIR TAX SHIFTS TODAY, INC. · $280,000
    501(c)(4) nonprofit
  • FLORIDA ASSOCIATION OF SPECIAL DISTRICTS · $100,000
    Trade or professional association
  • PALM BEACH COUNTY LEAGUE OF CITIES · $26,108
    501(c)(4) nonprofit
  • DEAN RINGERS MORGAN AND LAWTON · $10,000
    Company
  • JOHNSON ANSELMO MURDOCH BURKE PIPER & HOCHMAN, PA · $10,000
    Company

Florida Public Servants No on 3

Ballot measure committee

Raised $100 · spent $0 · in the state’s records as of Oct 21, 2026

Largest contributors as filed:

  • G4 CONSULTING GROUP INC · $100
    Company

No On 3. Protect Our Homes

Ballot measure committee

Raised $201,000 · spent $151,020 · as reported through Oct 9, 2026

Largest contributors as filed:

  • OUR DEMOCRACY · $200,000
    Political action committee
  • OUR DEMOCRACY PC · $1,000
    Political action committee

A rhetorical technique is about wording, not about whether a measure is a good idea or an argument is true. Ballot wording is written under each state’s own rules, and official arguments by the people the state names. All Florida measures →

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