Florida · 2027 and beyond
Florida in 2027 and beyond: what is already law, and what is still open
Amendment 3 passed with 62%: the non-school homestead exemption rises to $150,000 in 2027 and $250,000 in 2028. What is on the 2026 return, what starts with tax year 2027, and what is scheduled or conditional after that.
By Charles Trautman, EA
Need to Know Tax · written from Florida Department of Revenue sources and the unofficial November 3 election returns, November 12, 2026 · not yet reviewed by a Florida practitioner
Amendment 3 passed with 62%: the non-school homestead exemption rises to $150,000 in 2027 and $250,000 in 2028. This page keeps apart three things that get mixed together in the news: what is on the 2026 return you file in early 2027, what begins with tax year 2027, and what is scheduled, conditional or still undecided after that. Election figures are the unofficial November 3, 2026 returns and are not final until the state certifies them.
What the voters decided on November 3, 2026
| Measure | Result | What it does |
|---|---|---|
| Amendment 3 | Passed | Raises the non-school homestead exemption, cuts the non-homestead assessment cap from 10% to 5%, and makes newcomers wait for the full exemption. 61.98% yes; it needed 60%. |
| Amendment 2 | Rejected | Would have exempted farm equipment from tangible personal property tax. 58.21% yes, short of 60%. |
Unofficial returns. Results become final when the state certifies them, usually by early December.
This return, next year, and later
| When | What applies |
|---|---|
| The 2026 return, filed in early 2027 | Nothing changes on the 2026 property tax bill, and Florida has no income tax return. |
| The state sales tax on commercial rent ended October 1, 2025. | |
| Starting with tax year 2027 | For owners who were permanent Florida residents on December 31, 2026, the exemption from county, city and special district taxes rises to as much as $150,000 of assessed value. The school exemption stays at $25,000. |
| The annual cap on assessment increases for second homes, rentals and commercial property drops from 10% to 5% for non-school levies. | |
| Someone who becomes a resident in 2027 or later gets a $50,000 non-school exemption and waits four years for the larger one. | |
| The first bills to show it are delivered in November 2027. | |
| 2028 and later, or conditional | The exemption rises to as much as $250,000 on January 1, 2028 and is indexed to inflation from 2029. |
| From 2030 a county or city may shorten or waive the newcomer wait by a two-thirds vote. | |
| The Legislature must still pass the implementing law, including how residency on December 31, 2026 is proved. |
Items under 2027 and later do not change the 2026 return. They matter for 2027 withholding, estimated payments and planning. The detail behind each line is in the other Florida articles.
What to watch
The 2027 regular session’s implementing bill, and what counties do with millage rates in the summer of 2027. When something on this page changes, the change is logged on the updates page with its date.
What to bring
- Your most recent property tax bill or assessment notice
- Your 2026 federal return, once filed, to set 2027 withholding and estimated payments against it
- Any notice from the county or the state about a 2027 exemption or rate change
Questions people ask
Does anything here change the return I file in early 2027?
Only what is listed under the 2026 return. Everything listed under 2027 or later affects withholding, estimated payments and planning, not the return for 2026.
Are the election results final?
Not yet. The figures on this page are the unofficial returns. The state certifies results in the weeks after the election, and this page will be corrected if anything changes.
How will I know if this page changes?
Every change is logged on the updates page with its date and the article it affects. State legislatures meet in early 2027 and some act before the filing deadline.
Florida, after the election
Amendment 3 passed with 62%: the non-school homestead exemption rises to $150,000 in 2027 and $250,000 in 2028.
Written by Charles Trautman, EA, editor · Need to Know Tax, Lone Tree, Colorado
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Sources and where to check
- Florida Senate: CS/HJR 1-F (2026F), votes and history
- Florida League of Cities: Property Tax Legislative Bill Summaries, HJR 1F and SB 4F (June 4, 2026)
- Manatee County Property Appraiser: Proposed 2026 Florida Property Tax Amendment FAQ
- St. Johns County Property Appraiser: Proposed 2026 Amendment 3 (CS/HJR 1-F)
- Pinellas County Property Appraiser: Legislative Update
- Ballotpedia: Florida voters to decide expanded homestead exemption amendment (fiscal estimates)
- Florida DOR: inflation-adjusted additional homestead exemption
- Florida DOR: senior homestead exemption income limitation
- Repeal of the commercial rent sales tax (HB 7031)
- Tax Foundation, How Tax Policy Fared on the Ballot in 2026 (unofficial results)