NewsABC Action News (WFTS) — NewsAugust 11, 2026Hillsborough
Understanding Florida's Amendment 3
Amendment 3 proposes changes to the homestead exemption, which is a tax break for primary homeowners. It also limits how local governments can spend property tax money and sets up a system for lawmakers to potentially increase these tax breaks in the future.
Read the full story at ABC Action News (WFTS) — NewsWhy It Matters
This amendment could change how much you pay in property taxes and how your local government funds public services.
Key Facts
- The proposal increases the homestead exemption for primary residences.
- It places new restrictions on how cities and counties spend property tax revenue.
- It mandates a new process for lawmakers to potentially expand tax exemptions further.