This amendment increases the homestead exemption, for all non-school taxes, to $150,000 in 2027 and $250,000 in 2028, and adjusts for inflation thereafter. It requires the Legislature to prescribe a uniform procedure for counties and municipalities, for their respective levies, to increase the homestead exemption up to full assessed value, and allows special districts, subject to referendum approval, to do the same.
Persons who are not Florida residents on December 31, 2026, will receive the existing homestead exemption upon qualifying for a homestead exemption, with the increased homestead exemption beginning with the fifth year of exemption, to the extent permitted by the U.S. Constitution.
This amendment reduces the annual cap on assessment increases for non-homestead properties from 10% to 5%.
This amendment requires counties and municipalities to use property taxes solely for public safety, education and schools, infrastructure, natural resources, bond debt service, retirement benefits for employees, and operations and administration. Other expenditures may be approved by county officers or county or municipal governing bodies unless prohibited by general law, notwithstanding Article VII, Section 9(a) of the Florida Constitution, which allows counties and municipalities to levy property taxes for their respective purposes.
This amendment takes effect January 1, 2027.
View the official proposed legislation and ballot statement for CS/HJR 1-F.
Questions about your property: For questions about your assessed or taxable value, homestead exemption, Save Our Homes benefit, or the information used by this calculator, contact the Palm Beach County Property Appraiser’s Office at 561-355-2866.
Questions about tax rates, government budgets, services, or non-ad valorem assessments: Contact the taxing authority responsible for that portion of your property tax bill. The Property Appraiser’s Office does not set tax rates, adopt government budgets, or impose non-ad valorem assessments.
Questions about voting or the election: Contact the Palm Beach County Supervisor of Elections at 561-656-6200 or visit VotePalmBeach.gov.
The Palm Beach County Property Appraiser’s Office does not provide legal or tax advice and cannot advise voters how to vote on Amendment 3.
Amendment 3 is a proposed 2026 change to Florida's Constitution that would increase the homestead exemption for non-school taxes, reduce the annual assessment limitation for non-homestead property, and create different residency-related rules for certain homestead benefits.
The amendment will appear on the November 3, 2026 General Election ballot and requires approval by at least 60% of voters. If approved, it would take effect January 1, 2027, and would first appear on August 2027 TRIM Notices and November 2027 tax bills.
No. The calculator can provide only an estimate. Any actual savings would depend on the property's assessed and taxable values, existing exemptions, Save Our Homes benefit, future millage rates, and the final laws used to implement the amendment.
For 2026, qualifying homeowners may receive up to $51,411 in homestead exemptions: $25,000 for all tax levies, including school taxes, plus $26,411 for non-school taxes.
Under the proposal, the exemption for school taxes would remain $25,000. The exemption for non-school taxes could increase to as much as $150,000 in 2027 and $250,000 in 2028, with annual inflation adjustments beginning in 2029.
Permanent Florida residents as of December 31, 2026, who currently have a homestead exemption would be eligible for the larger exemption, subject to constitutional and legal requirements. The proposal states that taxpayers who establish Florida residency by December 31, 2026 may qualify for Homestead Exemption at a later date and receive the larger exemption.
New Florida residents as of January 1, 2027, would begin with a $50,000 exemption for non-school taxes, adjusted annually for inflation beginning in 2028. After five years of Florida residency, a qualifying homestead owner could receive the larger exemption available to other Florida residents. Additional procedures may be established through implementing legislation.
No. The first $25,000 of assessed value would remain exempt from school taxes. Most homeowners would therefore continue to receive a tax bill that includes school taxes.
No. The proposal does not change Save Our Homes, portability, or existing widow/widower, senior, veteran, and disability exemptions.
The proposal would reduce the annual assessment limitation for qualifying non-homestead property from 10% to 5%. This may slow growth in assessed value for non-school taxes, but it does not cap tax bills or tax rates. School taxes would remain based on just/market value without this limitation.
No. Local governments, school districts, and other taxing authorities would continue to levy property taxes. Properties that are already fully or substantially exempt may receive little or no direct benefit from the proposal.
Yes. Taxing authorities set millage rates through their annual budget processes. The amendment does not guarantee funding levels for law enforcement, fire rescue, EMS, or other services. Its impact would vary by community and could influence future budget and millage-rate decisions.
The larger homestead exemption would not reduce non-ad valorem assessments. Those charges may increase, decrease, expire, or be newly adopted by the government entities that impose them.
Potentially. The proposal would authorize the Legislature to establish a uniform process allowing counties and municipalities to increase the exemption for their own tax levies, up to the remaining assessed value of a qualifying homestead. Any increase beyond the amounts stated for 2027 and 2028 would require future legislative action.
No. If voters approve the amendment, the Legislature will need to adopt implementing laws. Eligibility procedures, administration, and other details may change or become clearer through that process.
Review the proposed legislation and ballot summary: CS/HJR 1F. Additional guidance may be issued by the Florida Legislature, Department of State, Department of Revenue, and our office.