Floridians will vote in November on whether to dramatically reduce homestead property taxes after the Senate voted 30-9 to place HJR 1-F on the ballot. The House passed the measure 75-26. The constitutional amendment is a major priority of Governor Ron DeSantis.
If approved by at least 60% of voters, the amendment would increase homestead exemptions for primary residences to $150,000 in 2027 and $250,000 in 2028 for those who own homes in the state by the end of this year. Further increases would be tied to the Consumer Price Index. School taxes would not be subject to the increased exemption limit and would remain at $25,000.
The measure could put money in homeowners' pockets across the state. County and city officials have warned the effort could wreak havoc on local budgets as reduced property tax revenue affects municipal services and infrastructure funding.
Floridians who own primary residences as of the end of 2026 would be eligible for the expanded exemption beginning in 2027. The vote will take place on the November ballot, requiring support from at least 60% of voters to amend the state constitution. The measure represents one of the most significant property tax reduction proposals to reach Florida voters in recent years.