Overview
- A newly funded Vote Yes on 3 operation backed by the Florida Realtors has injected $10 million and the Republican Party of Florida has formally endorsed the amendment, boosting pro‑Amendment outreach as the campaign ramps up.
- Amendment 3 would raise the non‑school homestead exemption from $50,000 to $150,000 in 2027 and $250,000 in 2028 with inflation adjustments thereafter and include portability and limited benefits for recent movers.
- The Legislature’s research arm and independent groups estimate the change could remove billions from local budgets, with figures cited up to roughly $12 billion annually when fully phased in and about $11.86 billion within five years.
- County officials, sheriffs, police and firefighter groups warn those revenue losses would force service cuts or new local fees and point to county‑by‑county maps showing some rural areas could lose 20–35% of revenue while big counties face the largest dollar declines.
- The amendment must win at least 60% of the vote to pass, making late campaigning and voter messaging decisive as supporters promise immediate tax relief for homeowners and opponents press voters on local budget risks.