Florida voters will decide 3 statewide constitutional amendments in 2026 on the November 3, 2026 general election ballot. Summaries below stick to the certified ballot language — no editorializing.
Florida constitutional amendments require 60% voter approval to pass.
Increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the Legislature to transfer the lesser of $750 million or the amount required to reach 25% each year unless certain conditions are met, and allow the Legislature to withdraw funds for critical state needs.
A yes vote
Supports raising the cap on Florida's budget stabilization (rainy-day) fund from 10% to 25% of general revenue collections and requiring annual transfers into the fund until that cap is met, with withdrawals allowed for critical state needs.
A no vote
Keeps the current constitutional cap of 10% of general revenue collections on the budget stabilization fund, with no new required annual transfers.
Exempt tangible personal property habitually located on land classified as agricultural, used in the production of agricultural products or for agritourism activities, and owned by the landowner or leaseholder, from ad valorem taxation. Would first apply for tax years beginning January 1, 2027.
A yes vote
Supports exempting farm equipment and other tangible personal property kept on agricultural land — used for producing agricultural products or for agritourism — from property taxes, beginning with the 2027 tax year.
A no vote
Keeps such agricultural equipment and property subject to ad valorem (property) taxation as under current law.
Exempt the first $250,000 of a homestead's value from taxation for all levies other than school district levies and require a schedule for full elimination; require local governments to use remaining property taxes solely for core public needs; limit future property tax assessments on businesses; and require new residents to maintain Florida residency for five years before receiving the increased homestead exemption. Would take effect January 1, 2027.
A yes vote
Supports exempting the first $250,000 of a homestead's value from all property taxes except school district levies, on a schedule toward full elimination, while limiting future assessments on businesses and requiring five years of Florida residency for new residents to receive the larger exemption.
A no vote
Keeps Florida's current homestead exemption structure and property tax assessment rules unchanged.
Titles and summaries come from official government sources (the Florida Division of Elections Initiatives/Amendments/Revisions Database). Measure lists can change until final certification — always confirm with your state election office. Last reviewed July 9, 2026.
