Legislative Update
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Proposed 2026 Florida Property Tax Amendment (CS/HJR 1F)
How Could the Amendment Affect Different Property Owners?General Information
Homestead Exemption> What is the current homestead exemption? Under current law, qualifying Florida homeowners may receive up to a $51,411 homestead exemption for the 2026 tax year. This is comprised of:
- A $25,000 exemption applied to all millages, including school taxes.
- An additional $26,411 exemption applied to non-school millages. This amount reflects CPI adjustments as certified by the Florida Department of Revenue.
> What changes are proposed for homestead property? > What if I become a Florida resident on January 1, 2027 or later? > What if I become a Florida resident on January 1, 2027 or later? Can I move to Florida in 2027 and immediately receive the $150,000 or $250,000 exemption? > Would the proposed exemption apply to school taxes? > Would every homestead property receive the same tax savings? > Can the Property Appraiser’s Office calculate my exact savings today? > Does the amendment stop at a $250,000 homestead exemption? - Save Our Homes and Existing Exemptions
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Non-Homestead Property
Property Taxes and Local Government Funding
Questions We Cannot Yet Answer - Additional Information
Effective for June 2025 – Changes to Assessment Limitations after Calamity- Filed for 2025 – Disclosure of Ad Valorem Taxes (Tax Estimator Bill)
- Effective for 2025 - Amendment 5: Annual Adjustment to Homestead Exemption Value
- Effective for 2024 – Changes to T&P Disabled Veteran (or surviving spouse) Exemption Requirement
- Effective for 2024 – Revision to the Definition of First Responder
- Effective for 2024 - Affordable Housing Exemption
- Effective for 2023 – Increase to the Widows, Widowers, Blind Persons, or Persons Totally and Permanently Disabled Exemption (Increased from $500 to $5,000)
- Nov. 2022 - Amendment 1: Limitation on Assessment of Real Property Used for Residential Purposes (Property Assessments for Elevated Properties)
- July 2022 – Abatement of Taxes for Residential Dwellings Rendered Uninhabitable by Catastrophic Event
- May 2022 – Condo Safety Legislation
- Nov. 2020 – Amendment 5: Extend "Save Our Homes" Portability Period
- Nov. 2020 – Amendment 6: Homestead Property Tax Discount for Spouses of Deceased Combat Veterans
Legislative Update
Questions and Answers
This is your resource for up-to-date information on what’s happening in the Florida Legislature as well as local municipalities relating to ad valorem taxation and exemptions and how it may impact property owners in Hillsborough County.