NewsABC Action News (WFTS) — Local NewsAugust 11, 2026Hillsborough
Understanding Florida's Amendment 3
Amendment 3 proposes changes to the homestead exemption, which is a tax break for primary residences. It also places new limits on how local governments can spend property tax money and requires the state to create a system for further increasing these tax breaks.
Read the full story at ABC Action News (WFTS) — Local NewsWhy It Matters
This amendment could change how much you pay in property taxes and limit the funding available for local government services like schools and infrastructure.
Key Facts
- The proposal increases the homestead exemption for homeowners.
- It restricts how cities and counties can spend property tax revenue.
- It mandates a new process for local governments to potentially increase tax exemptions further.