Florida Property Tax Amendment Overhauled | Orlando News

Florida voters face a pivotal decision on a revamped property tax amendment, redesigned after a judge ruled the original version was too promotional. The new proposal, backed by the Attorney General, sets a phased homestead exemption increase: $150,000 starting in 2027, rising to $250,000 by 2028, with inflation adjustments afterward. It also caps non-homestead property assessments at 5% annually and restricts local spending to public safety, education, infrastructure, and employee benefits—marking a major shift from prior proposals. If approved by 60% of voters in the upcoming election, these changes will take effect January 1, 2027, reshaping how Florida homeowners pay and how communities spend their property tax dollars. 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/fb06f19db61580c8