DeSantis-backed property tax relief set for November vote as exemptions expand

Florida lawmakers approved Gov. Ron DeSantis’s sweeping property tax relief plan, sending a constitutional amendment to the November ballot that would expand the homestead exemption to $150,000 in 2027 and $250,000 in 2028 (not applying to school taxes), cap annual non-homestead assessment increases at 5%, and limit revenues for core local services. The measure could reduce non-school government revenue by about $4.6 billion initially (rising to $8.4 billion annually), prompting concerns about local service cuts, while supporters say it provides homeowner relief and lets voters decide with a 60% threshold.