# Will Florida Amendment 3, “Increased Homestead Exemption; Lower Cap on Increases in Non-Homestead Property Assessments” pass? (Yes) 30 dated claims from 7 publishers are collected below, each with its source. 0 point toward YES and 9 against it; the rest are context. The research behind this brief is dated 3 November 2026. No direction or probability is published here: the claims and their sources are the brief. - Canonical page: https://market-claims.com/briefs/kxflpropertytax-26nov03-d11783b3 - Category: politics - Evidence collected: 3 November 2026 - Research dated: 3 November 2026 - Published: 3 November 2026 - Market: Kalshi, https://kalshi.com/markets/kxflpropertytax/will-florida-s-property-tax-amendment-pass/kxflpropertytax-26nov03#kxflpropertytax-26nov03 - Venue YES price: 34.0c at 3 November 2026 - Market closes: 3 November 2027 Research only. Not financial advice. No trades are placed. The price is the venue's own market price at the snapshot time, shown as context only. It is not an estimate by MarketClaims. **This is an older research snapshot. It may miss subsequent developments.** ## The question, as the venue words it Will Florida Amendment 3, “Increased Homestead Exemption; Lower Cap on Increases in Non-Homestead Property Assessments” pass? (Yes) ## How this market settles If Florida Amendment 3, “Increased Homestead Exemption; Lower Cap on Increases in Non-Homestead Property Assessments” passes, then the market resolves to Yes. This market may resolve early once a consensus of designated media sources has declared a winner. See full rules for details. ## Evidence you can inspect _These labels describe how a claim relates to the question. They are not recommendations or independent votes._ ### Evidence supporting YES (0 claims) _No claims in this category. Absence here is a coverage limit, not a finding._ ### Evidence challenging YES (9 claims) - "Slaton believes many voters in Florida will end up paying more at the end of the year if Amendment 3 passes because they do not realize the Save Our Homes Act limits homesteaded property assessment increases to 3% or CPI, whichever is lower" [DailyRidge](https://dailyridge.com/2026/11/02/the-money-has-to-come-from-somewhere-lake-wales-city-manager-weighs-in-on-amendment-3/), published 2 November 2026 - "Polk County Sheriff Grady Judd stated, 'If Florida's Amendment 3 passes, local law enforcement will be negatively impacted" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "Slaton explained that if Amendment 3 passes, the homestead exemption reaching its full potential will eliminate about half of the city's usable property taxes, approximately $3.5 million of the $7 million collected" [DailyRidge](https://dailyridge.com/2026/11/02/the-money-has-to-come-from-somewhere-lake-wales-city-manager-weighs-in-on-amendment-3/), published 2 November 2026 - "Critics warn that the exemption increase could lead to significant budget shortfalls for local governments" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "Local leaders have expressed concerns that the revenue loss could necessitate cuts to essential services like law enforcement and emergency medical services" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "James Slaton expressed concern that non-ad valorem special assessments will increase to compensate for the loss of ad valorem property taxes if Amendment 3 passes" [DailyRidge](https://dailyridge.com/2026/11/02/the-money-has-to-come-from-somewhere-lake-wales-city-manager-weighs-in-on-amendment-3/), published 2 November 2026 - "Opponents of Amendment 3 warn it could reduce funding for essential local government services such as police protection and infrastructure" [WPEC](https://cbs12.com/news/local/florida-amendment-3-what-a-yes-or-no-vote-means-for-homeowners-and-local-services), published 3 November 2026 - "According to Slaton, the City of Lake Wales collects approximately $7 million a year in property tax revenue to pay for all city services, which already does not cover these costs" [DailyRidge](https://dailyridge.com/2026/11/02/the-money-has-to-come-from-somewhere-lake-wales-city-manager-weighs-in-on-amendment-3/), published 2 November 2026 - "James Slaton stated that if the City of Lake Wales loses about 50% of its ad valorem property taxes, it amounts to approximately $3.5 million, which would wipe out almost all city services except public safety" [DailyRidge](https://dailyridge.com/2026/11/02/the-money-has-to-come-from-somewhere-lake-wales-city-manager-weighs-in-on-amendment-3/), published 2 November 2026 ### Context (21 claims) - "Amendment 3 would also lower the annual cap on assessment increases for non-homestead properties, including certain rental and commercial properties, from 10% to 5%" [WPEC](https://cbs12.com/news/local/florida-amendment-3-what-a-yes-or-no-vote-means-for-homeowners-and-local-services), published 3 November 2026 - "A 'yes' vote on Amendment 3 supports increasing the homestead exemption and limiting annual assessment increases on non-homestead properties" [WPEC](https://cbs12.com/news/local/florida-amendment-3-what-a-yes-or-no-vote-means-for-homeowners-and-local-services), published 3 November 2026 - "If passed, Amendment 3 would increase the homestead property tax exemption for non-school taxes from $50,000 to $150,000 next year, and then to $250,000 in 2028" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "If passed, Amendment 3 would increase Florida's homestead property-tax exemption, allowing qualifying homeowners to pay taxes on a smaller portion of their property's assessed value" [WPEC](https://cbs12.com/news/local/florida-amendment-3-what-a-yes-or-no-vote-means-for-homeowners-and-local-services), published 3 November 2026 - "Florida voters are deciding on Amendment 3, a property tax reform measure" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "Under Amendment 3, the homestead exemption for non-school property taxes would increase to $150,000 in 2027 and $250,000 in 2028, with future adjustments for inflation" [WPEC](https://cbs12.com/news/local/florida-amendment-3-what-a-yes-or-no-vote-means-for-homeowners-and-local-services), published 3 November 2026 - "Amendment 3 lowers the annual cap on assessment growth for non-homestead property from 10% down to 5% starting Jan. 1, 2027" [FOX 13 Tampa Bay](https://www.fox13news.com/news/florida-amendment-3-how-proposed-property-tax-overhaul-could-impact-homeowners), published 30 October 2026 - "Florida voters are deciding on Amendment 3, which proposes changes to the state's property-tax system" [WPEC](https://cbs12.com/news/local/florida-amendment-3-what-a-yes-or-no-vote-means-for-homeowners-and-local-services), published 3 November 2026 - "Governor Ron DeSantis stated, 'Most people are going to end up seeing 2/3 of their property tax bill back in their pocket once this is fully implemented. It'll take a few years to do, but you're going to get big relief right away" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "The state has previously suggested that local governments can manage the loss of property tax revenue by reducing wasteful spending" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "Amendment 3 seeks to significantly increase homestead tax exemptions and reduce assessment growth caps for non-homestead properties" [FOX 13 Tampa Bay](https://www.fox13news.com/news/florida-amendment-3-how-proposed-property-tax-overhaul-could-impact-homeowners), published 30 October 2026 - "A 'no' vote on Amendment 3 would reject the proposed changes and maintain the existing property-tax system" [WPEC](https://cbs12.com/news/local/florida-amendment-3-what-a-yes-or-no-vote-means-for-homeowners-and-local-services), published 3 November 2026 - "If approved by at least 60% of Florida voters, Amendment 3 would keep the $25,000 school exemption unchanged but expand the non-school homestead exemption up to $150,000 on Jan. 1, 2027, and up to $250,000 on Jan. 1, 2028" [FOX 13 Tampa Bay](https://www.fox13news.com/news/florida-amendment-3-how-proposed-property-tax-overhaul-could-impact-homeowners), published 30 October 2026 - "Many local governments have prepared two distinct budgets for 2027, awaiting the election results to finalize one" [ABC Action News Tampa Bay (WFTS)](https://www.tampabay28.com/news/state/florida-amendment-3-would-raise-homestead-property-tax-exemption-but-critics-warn-of-budget-cuts), published 3 November 2026 - "Florida voters will decide on Amendment 3 during the Nov. 3 election, a proposed constitutional change that could drastically overhaul the state's property tax system" [FOX 13 Tampa Bay](https://www.fox13news.com/news/florida-amendment-3-how-proposed-property-tax-overhaul-could-impact-homeowners), published 30 October 2026 - "James Slaton stated that state legislators, including the Polk legislative delegation, conducted no research or financial impact analysis before proposing Amendment 3" [DailyRidge](https://dailyridge.com/2026/11/02/the-money-has-to-come-from-somewhere-lake-wales-city-manager-weighs-in-on-amendment-3/), published 2 November 2026 - "Under current Florida law, homeowners receive a base $25,000 exemption for all taxes including schools, plus an additional exemption for non-school taxes totaling roughly $51,411 for the tax year" [FOX 13 Tampa Bay](https://www.fox13news.com/news/florida-amendment-3-how-proposed-property-tax-overhaul-could-impact-homeowners), published 30 October 2026 - "Amendment 3 proposes to increase the homestead exemption from $50,000 to $150,000 by 2027, which would lower a property's taxable value by excluding that amount from taxes" [Axios](https://www.axios.com/local/miami/2026/10/30/amendment-3-how-much-homeowners-can-save-miami-property-tax), published 30 October 2026 - "Amendment 3 proposes to increase the homestead exemption on non-school property taxes from $50,000 to $150,000 in 2027 and then to $250,000 in 2028" [News 13](https://mynews13.com/fl/orlando/news/2026/10/29/central-florida-leaders-debate-amendment--property-tax-impacts), published 29 October 2026 - "Tomás Regalado indicated that the average property tax bill in Miami-Dade would decrease to approximately $4,367 in 2027 and $3,289 in 2028 if Amendment 3 passes" [Axios](https://www.axios.com/local/miami/2026/10/30/amendment-3-how-much-homeowners-can-save-miami-property-tax), published 30 October 2026 - "Amendment 3, scheduled for the Nov. 3 ballot, proposes to increase the homestead property tax exemption from $50,000 to $150,000 in 2027 and then to $250,000 in 2028, requiring 60 percent voter approval" [CBS News](https://www.cbsnews.com/miami/news/rural-florida-sheriffs-firefighters-warn-amendment-3-could-mean-longer-response-times-cuts/), published 30 October 2026 ## What this brief cannot settle This brief was assembled automatically from a research report that met a published quality bar. No individual review. It rests on 30 claims from 7 publishers; anything not reported in those sources is not represented here. The report recorded 5 resolution risks, listed with this brief. - The specific election date is not stated in the question — it is unclear whether this refers to the 2024 general election, a future election cycle, or another scheduled vote, making the exact resolution trigger ambiguous. - The market end date is November 2027, suggesting this may refer to a future ballot measure not yet scheduled, or the question may pertain to a 2026 election cycle. - No designated media sources are explicitly named for early resolution consensus, creating potential ambiguity about which sources qualify. - It is unclear whether 'pass' requires only voter approval or also subsequent legislative/governmental ratification steps. - Florida constitutional amendments require 60% voter approval to pass, but the question does not explicitly state this threshold. ## Publication history - Published 3 November 2026; research dated 3 November 2026. ## Since the previous brief This is the first published brief for this event. No comparison is available. --- The same research can be run on any Polymarket or Kalshi market at https://market-claims.com.