Amendment Three Could Change Florida Taxes | Tampa News

Florida voters face a pivotal November ballot decision on Amendment Three, which could slash property taxes by dramatically boosting the homestead exemption—phasing it from $50K to $250K over two years—and capping non-homestead property value increases at just 5%. While supporters, including Governor DeSantis, tout affordability and claim local budgets can handle the shift, critics warn of looming funding gaps that could force new fees or cuts to services, hitting renters and small businesses hardest. The amendment’s passage could reshape Florida’s tax landscape—but voters must weigh big savings against uncertain economic consequences. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fed6db115b2d791b