Source: WPTV News
“Florida lawmakers on Tuesday passed a property tax cut proposal that would create a $250,000 homestead exemption, securing it on the November ballot. On the second day of the special session called by Gov. Ron DeSantis, the Florida Senate passed House Joint Resolution (HJR) 1-F, creating a $250,000 homestead exemption on non-school levies for homeowners. The Joint Resolution proposes a constitutional amendment to increase the current exemption for owner-occupied homestead property to $250,000 over two years and creates a framework for full exemption over time. The amendment will appear on the November 2026 General Election Ballot for approval by Florida voters.” [editor’s note: The current homestead exemption, not increased since 2008, is $50,000 – TLK] (06/02/26)