Housing & Bills

Florida Amendment 3 passes: homestead exemption rises to $250,000 for non-school property taxes

Florida voters approved Amendment 3 with 62% in unofficial results. The non-school homestead exemption rises to $150,000 in 2027 and $250,000 in 2028, newcomers wait five years, and state economists put the cost to local governments at $11.83 billion a year.