Florida Amendment 3 Would Cut Non-Homestead Assessment Cap to 5%
Florida voters are deciding Amendment 3 on the November 2026 ballot, which would expand homestead exemptions and cut the non-homestead assessment cap.
Key facts
- For non-school levies, Florida Amendment 3 would lift the homestead exemption to $150,000 for 2027 and then $250,000 for 2028, with inflation indexing afterward.
- The yearly cap on assessment increases for non-homestead property would fall from 10% to 5%.
- Who it affects: manufactured home community and RV park land is non-homestead property, so for park owners the change is the lower 5% cap. Residents gain from the larger exemption only if their own home qualifies as a homestead.
- The measure needs 60 percent approval, and recent public polling cited by MHProNews puts support above 50 percent.
- People who are not Florida residents on Dec. 31, 2026 would get the current exemption first. The larger exemption would start in their fifth year of exemption.
- The measure is projected to significantly reduce local government revenue.
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Read the original at MHProNews (opens in a new tab)
Source: Amendment 3 and other tax reform measures loom — MHProNews, October 23, 2026. Summary and commentary by RISE Community; read the full story at the source.
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