Episode Details

Florida voters face a pivotal decision this November on Amendment 3, a sweeping property tax overhaul backed by Governor Ron DeSantis that could slash homeowners’ tax burdens—but at a potential cost to local services. The plan phases in massive homestead exemptions: $150K in 2027, jumping to $250K by 2028, then adjusted for inflation. While DeSantis touts Florida’s $17B+ surplus to cover gaps, critics fear rural police and fire departments may suffer. The amendment also grants new residents a five-year exemption, caps non-homestead assessments at 5% annually, and mandates how local governments spend tax revenue—on safety, schools, and infrastructure. Passing requires 60% approval, with changes kicking in January 2027.

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