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Florida approves major property tax relief, but newcomers face a catch
Florida approves major property tax relief, but newcomers face a catch
Florida approves major property tax relief, but newcomers face a catch

Published on: 11/07/2026

This news was posted by Oregon Today News

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Florida voters approved Amendment 3, which will increase the homestead exemption for most non-school property taxes to $150,000 in 2027 and $250,000 in 2028. Some new residents will have to wait until their fifth year of eligibility for the expanded benefit.

Florida homeowners are getting a major property tax break, but people thinking about moving to the Sunshine State may not get the same deal right away. Voters approved Amendment 3 with about 62% support, according to Ballotpedia, clearing the 60% needed to amend the state Constitution.

News Source : https://www.oregonlive.com/nation/2026/11/florida-just-approved-a-major-property-tax-break-but-new-residents-face-a-catch.html

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