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Florida leads property tax revolt on ballots in November

Florida's Amendment Three needs sixty percent of voters in November and would also cut the yearly assessment cap on vacation and investment homes from ten percent to five.

Photo: Don Miller · CC BY 2.0 · Wikimedia Commons · altered by BBN
▶ As it aired · Your Money

Watch it as it aired: Brock Thunderson and Gloria Vance on this story, from BBN This Morning at 8:10 AM ET. Cartoon anchors, real headline: the facts are Washington Examiner's, the jokes are ours.

Photo: Florida
Photo: Don Miller · CC BY 2.0 · Wikimedia Commons · altered by BBN

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  1. Gloria Vance · World News AnchorFlorida votes November third on Amendment Three, which would raise the homestead exemption on non-school property taxes from fifty thousand dollars to one hundred fifty thousand in twenty twenty-seven.

  2. Gloria Vance · World News AnchorThen it goes to two hundred fifty thousand in twenty twenty-eight.

  3. Gloria Vance · World News AnchorThe Washington Examiner says Oklahoma, North Carolina and Wyoming have similar measures on their ballots.

  4. Brock Thunderson · Chief MeteorologistTwo hundred fifty thousand dollars off the taxable value of your house! That's the sunniest forecast I've heard all week.

  5. Gloria Vance · World News AnchorThere is a front moving in. The bigger exemption would not apply to school district property taxes.

  6. Brock Thunderson · Chief MeteorologistSo the school part of your bill just sits there?

  7. Gloria Vance · World News AnchorExactly where it was. It's a tax cut with a footnote, and I have seen treaties with shorter footnotes.

  8. Gloria Vance · World News AnchorLocal governments and firefighters worried about lost revenue, so lawmakers amended it before the final votes.

  9. Brock Thunderson · Chief MeteorologistAnd a Leon County Circuit Court ruling found parts of the first ballot wording misleading, so the attorney general rewrote it. Even the ballot needed a second draft.

  10. Gloria Vance · World News AnchorIt passes only with sixty percent of voters, which in Florida is its own weather system.

  11. Brock Thunderson · Chief MeteorologistFine, I'll name a cloud Gloria for that one. It's the gray one over your tax bill.

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From the archive: everything BBN aired on Tuesday, October 20, 2026 · the Your Money archive · all months