
What you want to know about Florida’s controversial property tax idea on the official 2026 ballot.
Voters in Florida will decide on an amendment this November that would significantly increase the homestead exemption, potentially eliminating non-school property taxes and providing savings for long-term residents. However, this change is expected to create “crushing deficits” for local governments, which rely on property taxes to fund essential services like law enforcement and fire protection. Furthermore, a clause requiring five years of residency to receive the new, additional exemptions would place a “heavier load” of increased taxes on active-duty military members and other new residents in the short term, as local governments may be forced to raise millage rates to offset revenue loss.

