Florida Senate - 2026                          SENATOR AMENDMENT
       Bill No. CS for SJR 2-F
       
       
       
       
       
       
                                Ì682580-Î682580                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                Floor: 3/F/2R          .                                
             06/02/2026 09:37 AM       .                                
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       Senator Berman moved the following:
       
    1         Senate Amendment 
    2  
    3         In ballot statement, delete lines 465 - 487
    4  and insert:
    5         PROPERTY TAXES.—This amendment phases in an increase to the
    6  current homestead exemption from $50,000 to $150,000 on January
    7  1, 2027, and to $250,000 on January 1, 2028. Upon full
    8  implementation, the amendment makes the first $250,000 of a
    9  qualifying homestead’s value exempt from taxation for all levies
   10  other than school district levies. For non-homestead properties,
   11  the amendment prohibits annual increases of more than 5 percent
   12  in assessed value. The amendment also limits local governments’
   13  ability to use property tax revenue by requiring that such funds
   14  only be used on certain, enumerated spending categories. If
   15  approved, the amendment would take effect on January 1, 2027.