NewsWUSF (NPR Tampa Bay)October 24, 2026Hillsborough County
Florida's Amendment 3 proposes raising the homestead property tax exemption up to $250,000
Photo: WUSF (NPR Tampa Bay)
Floridians will vote on Amendment 3, a proposed constitutional amendment requiring 60% approval to raise the maximum homestead property tax exemption for non-school taxes to $150,000 next year and $250,000 by 2028. The measure would also cap annual increases in the taxable value of rental and other non-homestead properties.
Read the full story at WUSF (NPR Tampa Bay)Why It Matters
The proposal alters property tax revenues that fund local government services, neighborhood amenities, and regional water management districts across Florida.
Key Facts
Each fact below is taken from the article. Click one to see the exact passage.
Who's Mentioned
OrganizationFlorida Realtors Association“Gave about $19.5 million to the Vote Yes on 3 PAC.”PersonEric Rollings“Opposes Amendment 3, citing concerns about local neighborhood funding.”OrganizationSouth Florida Water Management District“Oversees flood control and Everglades restoration.”OrganizationSouthwest Florida Water Management District“Directs funding toward alternative water supplies.”OrganizationSt. Johns River, South Florida and Southwest Florida water management districts“Rely on property tax revenue to support water priorities.”OrganizationNature Conservancy in Florida“Partnered with water management districts on land conservation and restoration.”PersonGreg Knecht“Expressed concern that Amendment 3 could negatively impact water resources.”OrganizationCentral Florida Public Media“Publisher of the report.”PersonMargy Grant“Advocates for Amendment 3, stating it provides property tax savings.”OrganizationSt. Johns River Water Management District“Funds land acquisition, restoration, and public works projects.”OrganizationVote Yes on 3“PAC supporting Amendment 3.”OrganizationMainframe Real Estate“Employer of Eric Rollings.”PersonGovernor“Noted regarding the establishment of a pathway toward eliminating non-school pro”OrganizationSave Our Services - No on 3“Opposes Amendment 3.”PersonJackson Peel“Opposes Amendment 3, warning of potential tax shifts.”