{"id":429609,"date":"2026-10-16T16:19:07","date_gmt":"2026-10-16T16:19:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/429609\/"},"modified":"2026-10-16T16:19:07","modified_gmt":"2026-10-16T16:19:07","slug":"what-amendment-3-could-mean-for-your-property-tax-bill","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/429609\/","title":{"rendered":"What Amendment 3 could mean for your property tax bill"},"content":{"rendered":"<p>HILLSBOROUGH COUNTY, Fla. \u2014 Florida voters considering Amendment 3 on the ballot are weighing a proposal that would increase the homestead exemption for non-school taxes while reducing revenue for local governments.<\/p>\n<p>The proposal would increase the homestead exemption for all non-school taxes from $50,000 to $150,000 next year and to $250,000 in 2028.<\/p>\n<p>It also would reduce the yearly cap on assessment increases for non-homestead properties from 10% to 5%.<\/p>\n<p>Hillsborough County Property Appraiser Bob Henriquez said he has been speaking to community groups about the amendment at least four times a week as voters look for answers.<\/p>\n<p>\u201cIt\u2019s not a one size fits all,\u201d Henriquez said.<\/p>\n<p>One common question is whether a homeowner\u2019s property tax bill would go away if the amendment passes. Henriquez said it would not.<\/p>\n<p>\u201cYou will still receive a property tax bill each year,\u201d Henriquez said. \u201cRemember the property tax bill each year is not just the real estate portion but also other fees and taxes that local communities impose.\u201d<\/p>\n<p>Henriquez pointed to a property tax bill for a home with an assessed value of about $200,000. He said some items on the bill would zero out, but property owners would still pay school taxes and other charges not covered by the exemption.<\/p>\n<p>Those charges can include stormwater taxes, solid waste fees and special district assessments, such as the Carrollwood North Special District.<\/p>\n<p>Henriquez said the savings would vary by homeowner, but the average homeowner could see about $2,000 in savings once the proposal is fully implemented.<\/p>\n<p>The amendment also would mean less money for cities and counties. Henriquez said unincorporated Hillsborough County could lose as much as $300 million.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/10\/Amendment3.jpeg\" alt=\"Florida voters considering Amendment 3 on the ballot are weighing a proposal that would increase the homestead exemption for non-school taxes while reducing revenue for local governments.\" class=\"hashed-image image\" img-data-alignment=\"center\" img-data-width=\"percent-hundred\" loading=\"lazy\" img-data-caption=\"Florida voters considering Amendment 3 on the ballot are weighing a proposal that would increase the homestead exemption for non-school taxes while reducing revenue for local governments.\" img-data-wrap-text=\"true\" img-data-editing=\"true\"\/><\/p>\n<p>Florida voters considering Amendment 3 on the ballot are weighing a proposal that would increase the homestead exemption for non-school taxes while reducing revenue for local governments.<\/p>\n<p>\u201cCore services will get the first bite of the apple,\u201d Henriquez said. \u201cBut if the apple is quite a bit smaller, what services are affected?\u201d<\/p>\n<p>Some local leaders are considering more fees, which would not be part of the exemption, according to Henriquez. This year\u2019s property tax bills will be sent out in November.<\/p>\n<p>If the amendment passes, voters would not see changes in 2026.<\/p>\n<p>\u201cSome people think immediately their tax bills are going to be corrected or changed if this passes in November, but it will be for the following year,\u201d Henriquez said.<\/p>\n<p>If the amendment passes, a property owner would have to be a Florida resident as of the end of this year to take advantage of the homestead exemption. Otherwise, they would have to wait five years.<\/p>\n<p>For voters such as Ilene Figueroa, Amendment 3 is among the top issues on the ballot.<\/p>\n<p>\u201cI think the most important for me is Amendment 3 and who\u2019s going to be our next governor,\u201d Figueroa said.<\/p>\n","protected":false},"excerpt":{"rendered":"HILLSBOROUGH COUNTY, Fla. \u2014 Florida voters considering Amendment 3 on the ballot are weighing a proposal that would&hellip;\n","protected":false},"author":2,"featured_media":429610,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[274,558,770,4252,2287,115,99,135,137,136,278,835],"class_list":["post-429609","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-app-top-stories","tag-business","tag-community-news","tag-dalia-dangerfield","tag-local-politics","tag-news","tag-politics","tag-tampa","tag-tampa-headlines","tag-tampa-news","tag-top-stories","tag-vod"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/429609","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=429609"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/429609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/429610"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=429609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=429609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=429609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}