NewsWUSF — Tampa Bay NPR (Local & State)October 24, 2026Hillsborough County
Floridians to Vote on Amendment 3 to Raise Homestead Property Tax Exemptions
Photo: WUSF — Tampa Bay NPR (Local & State)
Amendment 3 proposes a constitutional change that would raise the maximum homestead exemption from about $51,000 to $150,000 next year and $250,000 by 2028 for non-school property taxes. The measure also alters annual increase limits for the taxable value of rental and other non-homestead properties, requiring at least 60% voter approval to pass.
Read the full story at WUSF — Tampa Bay NPR (Local & State)Why It Matters
The outcome determines property tax obligations for Florida homeowners and landlords, potential tax shifts toward sales or gas taxes for residents, and revenue levels for local government services and regional water management districts.
Key Facts
Each fact below is taken from the article. Click one to see the exact passage.
Who's Mentioned
PersonEric Rollings“Opposes Amendment 3 due to concerns over funding for local neighborhoods and pub”OrganizationSouth Florida Water Management District“Oversees an extensive flood control system and plays a major role in Everglades ”OrganizationSouthwest Florida Water Management District“Directs funding toward alternative water supplies to help meet regional demand.”OrganizationNature Conservancy in Florida“Partnered with water management districts on land conservation and restoration.”PersonGreg Knecht“Expressed concerns about the impact of reduced property tax revenue on water res”PersonMargy Grant“Supporter of Amendment 3, cited average property tax savings for Florida homeown”OrganizationSt. Johns River Water Management District“Serves Central Florida, funding land acquisition, restoration, and public works ”OrganizationVote Yes on 3“PAC supporting Amendment 3, chaired by Margy Grant.”OrganizationMainframe Real Estate“Employer of Orlando realtor Eric Rollings.”PersonGovernor“Noted that the proposed amendment establishes a pathway toward eliminating non-s”OrganizationSave Our Services - No on 3“PAC or campaign committee opposing Amendment 3.”OrganizationFlorida Realtors“Given about $19.5 million to the Vote Yes on 3 PAC.”PersonJackson Peel“Opponent of Amendment 3, warned of tax shifts leading to increased sales, gas, o”