Florida property tax measure, Amendment 3 projected to pass
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
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Florida's Amendment 3 is projected to pass after Tuesday night's election.The bill will triple Florida's homestead exemption but could reduce local government revenue by hundreds of millions of dollars.Florida's current homestead exemption is about $50,000. The amendment UPDATE (WILL OR WOULD HAVE) increase the exemption for non-school property taxes to $150,000 next year, and to $250,000 in 2028.Many local governments oppose the proposal because it would reduce local government revenue by hundreds of millions of dollars.