Florida sets ballot showdown for $250K homestead tax exemption

Florida lawmakers approved a constitutional amendment during a special session to raise the owner-occupied homestead exemption to $250,000 on non-school levies, sending the measure to the November 2026 ballot. The proposal would increase the exemption over two years and requires at least 60% voter approval to pass. While supporters frame it as major property tax relief, local officials warn it could reduce revenue needed for essential services; residents can use a new Save Our Homes website to estimate potential savings.