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NewsWUSF — Tampa Bay NPR (Local & State)October 25, 2026Hillsborough County

Florida Amendment 3 proposes homestead exemption expansion alongside property tax and revenue restrictions

Photo: WUSF — Tampa Bay NPR (Local & State)

Amendment 3 on the November ballot would increase Florida's homestead exemption for homeowners to $150,000 in 2027 and $250,000 in 2028, while lowering the assessment increase cap for non-homestead properties and restricting local government tax revenue usage. Proponents argue the measure offers necessary financial relief amid rising costs, whereas opponents and local officials warn it could trigger millions in revenue losses and subsequent cuts to children's services, parks, and libraries.

Read the full story at WUSF — Tampa Bay NPR (Local & State)

Why It Matters

Qualifying homeowners could save hundreds to thousands of dollars annually on property taxes, while local governments face projected revenue reductions exceeding hundreds of millions of dollars that currently fund public safety, parks, libraries, and subsidized child care programs.

Key Facts

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