Florida voters will decide three statewide amendments when they go to the polls Tuesday, Nov. 3. Polls are open from 7 a.m. to 7 p.m. The property tax proposal has drawn the most attention.
Amendment 1 would raise the state’s budget stabilization fund from 10% to 25% and require annual transfers into the fund of up to $750 million. Lawmakers could use those reserves for certain critical state needs. Supporters say it strengthens the state’s financial safety net. Critics say the money is better spent on current needs.
Amendment 2 would exempt agricultural equipment and other farm-related tangible personal property from property taxes. Supporters say it would help farmers. Opponents say it could cut revenue for local services.
Amendment 3 would raise the homestead exemption for non-school district property taxes to $150,000 in 2027 and $250,000 in 2028. Supporters say it would bring relief to homeowners and limit government spending. Opponents warn it could reduce local revenue.
All three measures need 60% approval to pass. Early voting has ended in Martin and Okeechobee counties and runs through Sunday in St. Lucie, Indian River and Palm Beach counties.
