Property TaxesTop story
Amendment 3 passed, and you don't have to reapply for homestead
The homestead exemption for non-school taxes rises to $250,000 by 2028
Source: The Boca Raton Tribune
View as table
| Value | |
|---|---|
| 2027 | $150K |
| 2028 | $250K |
If you already have a Homestead Exemption, you're set. Property Appraiser Dorothy Jacks says you don't need to call or reapply after Amendment 3 passed Nov. 3. Beginning in 2027, the exemption for non-school taxes rises to $150,000.
Don't expect savings yet. The amendment doesn't affect 2026 tax bills, and higher amounts first appear on August 2027 notices, so savings won't arrive until the end of 2027. Tax bills aren't going away, and everyone still pays school taxes.
- Non-school assessment cap, rentals and second homes: 5%, down from 10%
- New Florida residents in 2027: five-year wait for higher exemption
- Amendment 2, the farm equipment exemption: not approved
- Special session: DeSantis says he'll call one on details
Cities and counties will lose tax revenue. Former state Sen. Jeff Brandes said the first decision is "how do they protect, or if they protect, police and fire."
Amendment 3's changes arrive over the next few years
- Nov. 3Voters pass Amendment 3
- Dec. 31Last day for established Florida homeowners to apply and be eligible
- Aug. 2027Higher homestead amounts first appear on TRIM notices
- 2028Exemption for non-school taxes rises to $250,000
- 2029Inflation adjustments to the exemption begin
