Bill increases homestead property tax exemption to $150,000 in 2027<\/p>\n
Florida State Capitol (WJXT, WJXT)<\/p>\n
The Florida House and Senate passed a tweaked version of a major proposal to cut local property taxes on Wednesday. <\/p>\n
Now the amendment goes before the voters on the November ballot. It will need to pass with 60% approval from voters to be added to the Florida Constitution.<\/p>\n
The bill increases the current $50,000 exemption on homestead property taxes to $150,000 for 2027, and to $250,000 in 2028. The exemption will not apply to school district taxes.<\/p>\n
The bill, HJR 1F, passed the Florida House with a 75-26 vote and in the Florida Senate with a vote of 30-9.<\/p>\n
You can read the bill HERE.<\/a><\/p>\n This is a developing story. Check back for updates.<\/p>\n Breaking News Alerts<\/p>\n More Stories Like This In Our Email Newsletter<\/p>\n Copyright 2026 by WKMG ClickOrlando – All rights reserved.<\/p>\n About the AuthorsMike Valente headshotMike Valente<\/a><\/p>\n Mike joined WKMG-TV in January 2025. He’s a Community Correspondent serving Orlando in Orange County.<\/p>\n