![\"Dacia](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/1792026850_313_dbf2d70a-9e8a-4695-8f33-27393bd5236a_1714771487.png\")
ORLANDO, Fla. \u2014<\/p>\nORLANDO, Fla. \u2014<\/p>\n
Florida has amendments 1, 2, and 3 on the ballot for the Nov. 3 election. <\/p>\n
>> Watch the WESH 2 amendment special above<\/p>\n
ELECTION LINKS | AMENDMENT 1<\/a> | AMENDMENT 2<\/a> | AMENDMENT 3<\/a> | DEBATE SERIES<\/a> | STATE ELECTIONS WEBSITE<\/a> | VOTER GUIDE<\/a> <\/p>\n Amendment 1<\/p>\n It aims to increase the state’s Budget Stabilization Fund, also known as a “rainy day” fund. <\/p>\n It ensures that in dire economic times, Florida has money set aside to cover natural disasters and revenue shortfalls. That fund now has $5 billion, but 80% of Republican and Democratic state lawmakers placed Amendment 1 on the ballot to grow that pot of money more.<\/p>\n A “yes” vote would increase the savings cap from 10% to 25% of the previous year’s general fund revenue. It would also authorize lawmakers to infuse up to $750 million into the fund annually until it is fully funded.<\/p>\n Full explainer:<\/p>\n Amendment 2<\/p>\n A “yes” vote would exempt tangible personal property on agricultural land, used in growing or for agritourism, and owned by the landowner or leaseholder from ad valorem taxation. <\/p>\n Essentially, it would eliminate the annual property tax for farmers on equipment they own.<\/p>\n Full explainer:<\/p>\n Amendment 3<\/p>\n Known as the homestead property tax exemption, it has been one of the most divisive amendments on the ballot this election.<\/p>\n A yes vote would increase the homestead property tax exemption for non-school taxes from what is now $50,000 to $150,000 next year.<\/p>\n Full explainer:<\/p>\n","protected":false},"excerpt":{"rendered":"ORLANDO, Fla. \u2014 Florida has amendments 1, 2, and 3 on the ballot for the Nov. 3 election.…\n","protected":false},"author":2,"featured_media":428124,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[24909,17907,2811,12641,36881,28,30,29,168277,23215,137643,168279,168278,2159,168276,168280,13983],"class_list":["post-428123","post","type-post","status-publish","format-standard","has-post-thumbnail","category-florida","tag-ad","tag-amendment","tag-election","tag-equipment","tag-farmer","tag-florida","tag-florida-headlines","tag-florida-news","tag-full-explainer","tag-fund","tag-homestead-property-tax-exemption","tag-landowner","tag-leaseholder","tag-money","tag-nov-ballot","tag-revenue-shortfall","tag-vote"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/428123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=428123"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/428123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/428124"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=428123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=428123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=428123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}