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New York Post
Source: New York Post
1 DayNew York Post
Source: New York Post
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Florida voters were projected to approve Amendment 3, with 62% supporting it and 98% of votes reported, clearing the 60% threshold required for passage. The measure would raise the homestead property tax exemption from $50,000 to $150,000 in 2027 and $250,000 in 2028, while lowering the annual assessment-increase cap for nonhomestead properties from 10% to 5%. Supporters say it will ease homeowners’ costs, while opponents warn it could reduce local government and school funding.
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