NewsCreative Loafing TampaSeptember 10, 2026Hillsborough County
Florida Realtors pumps $10 million into Amendment 3 property tax cut campaign
Photo: Creative Loafing Tampa
The Florida Realtors trade group contributed $10 million to the Yes On 3 political committee last week to support the property tax cut amendment on the November ballot. Amendment 3 proposes increasing the homestead property tax exemption and lowering the annual assessment increase cap for non-homestead properties, requiring 60 percent voter approval to pass.
Read the full story at Creative Loafing TampaWhy It Matters
Property owners could see their homestead exemptions increase to $150,000 in 2027 and $250,000 in 2028 if 60 percent of voters approve the amendment, while local governments warn the change could reduce funding for basic services.
Key Facts
Each fact below is taken from the article. Click one to see the exact passage.
Who's Mentioned
PersonRon DeSantis“Governor who toured the state advocating for property tax cuts”PersonChuck Bonfiglio Jr.“Provided statement supporting affordability and property tax relief”OrganizationFlorida Association of Special Districts“Represents local taxing districts in the state”PersonEdie Ousley“Criticized the real estate industry's spending in support of the amendment”OrganizationYes On 3“Receiving $10 million from Florida Realtors to support the amendment”OrganizationTampa Bay Journalism Project“Publication project referenced at the end of the article”PersonBryan Desloge“Founded the opposition group”OrganizationFlorida Realtors“Trade group representing real estate professionals supporting Amendment 3”