Amendment 3 webinar answers property tax questions

A bigger homestead exemption. A lower cap on assessment increases for rental homes, second homes and commercial properties. Amendment 3 would bring property tax changes to Florida, but what could they mean for you and your customers?

Join Florida Realtors®’ Amendment 3 webinar tomorrow (Oct. 1) at 11:30 a.m. Eastern time to learn more about the proposed constitutional amendment on the November ballot. Florida Realtors 2026 President Chuck Bonfiglio Jr., CEO Margy Grant and a tax expert will explain the major provisions, answer common questions and address myths and misconceptions.

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The member-wide conversation will help you prepare for questions from buyers, sellers and other property owners about what the proposal could mean for them.

Among its provisions, Amendment 3 would:

• Increase the homestead exemption for non-school property taxes to $150,000 in 2027 and $250,000 in 2028, with annual inflation adjustments beginning in 2029.
• Reduce the annual cap on assessment increases for non-homestead properties from 10% to 5%.

The panel’s discussion will help members understand what’s included in the amendment and what the proposed changes could mean for their communities.

Florida Realtors’ Board of Directors voted Aug. 23 to support the amendment, and the association has launched its Vote Yes on 3 campaign.

In announcing Florida Realtors’ Vote Yes on 3 campaign, 2026 President Chuck Bonfiglio Jr. emphasized the importance of helping homeowners stay in their homes.

“We’ve spent years working to help people buy homes. But buying the home is only half the challenge. We also need to make sure families can afford to keep the homes they worked so hard to purchase,” Bonfiglio said.

Voters will consider Amendment 3 in the Nov. 3 general election. Members can learn more about the proposal at VoteYesOn3.com.

Set aside time for the conversation and encourage others in your office to attend. Save your spot.

© 2026 Florida Realtors®