Florida Voters Approve Massive Cut to Property Taxes

Part of a developing story

Florida ballot measure clears bar for homeowner tax relief

Florida voters approved Amendment 3 on Tuesday, November 4, according to WJHG and WPTV. Iheart.com reported that 62% supported it, above the required 60% threshold, and said it expands the homestead exemption for non-school taxes. WLRN reported that homeowners could save money while local governments lose revenue, and said Gov. Ron DeSantis plans a special session to work through the details. Iheart.com says the changes take effect in January 2027; reports have not settled how local budgets and services will be affected.