Quick Summary

Here’s a summary of a proposed constitutional amendment in Florida that could significantly reduce property taxes.

On February 19, 2026, the Florida House passed HJR 203 by an 80–30 vote. The resolution proposes placing a constitutional amendment on the November 2026 ballot that would eliminate all non-school property taxes on homesteaded properties beginning January 1, 2027.

If at least 60% of voters approve, Florida homeowners with a homestead exemption could see a major reduction in their property tax bills.

Why This Matters

Property taxes fund many essential local services.

Under HJR 203, taxes used to fund schools would remain. But non-school property taxes — such as those supporting:

  • Police

  • Fire protection

  • Roads and infrastructure

  • Local government services

— would be eliminated for primary residences that qualify for the homestead exemption.

This does not apply to:

  • Second homes

  • Rental properties

  • Commercial property

Only homesteaded primary residences would qualify.

If voters approve the amendment in November 2026, the change would take effect for the 2027 tax year.

Supporters argue this would provide meaningful tax relief to Florida homeowners. Critics raise concerns about how local governments would replace the lost revenue. The proposal specifically prohibits reducing funding for law enforcement, which could place pressure on other local services.

The resolution now moves to the Florida Senate. If it passes there, it will appear on the ballot.

For those who own property in Florida — especially retirees who rely on predictable housing costs — this is a significant development to watch.

Major property tax changes can also affect:

  • Retirement cash flow planning

  • Long-term housing decisions

  • Estate planning for out-of-state property

  • Decisions about relocating to or from Florida

Tax law changes often sound simple at first. But the ripple effects can be broader than expected.

Simple Lesson

Tax changes can create opportunity — but they can also create uncertainty.

Action Step

If you own property in Florida or are considering relocating, review how potential property tax changes could affect your long-term financial and estate planning.

We’re always here as a resource for Michigan families. Call (517) 548-7400 or contact us here:
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