Voting in Florida? If so, know about ballot proposals 1, 2, & 3 before voting.

  • Prop 1 (Budget Stabilization Fund): Increases state’s “rainy day” fund from 10% to 25% of general revenue & mandates annual transfers of $750 million or the amount needed to reach the 25%.

  • Prop 2 (Ag Property Tax Exemption): Exempts tangible personal property (e.g., machinery, equipment) used in agricultural production or agritourism & located on agricultural land from ad valorem taxation, effective for 2027 tax year.

  • Prop 3 (Homestead Exemption & Essential Govt Services): Raises homestead exemption for non-school taxes to $150,000 in 2027 and $250,000 in 2028 (adjusted for inflation thereafter), reduces annual assessment growth cap for non-homestead property from 10% to 5%, and restricts local gov’ts to using property tax $ for core services like public safety & education. 

Want a video explanation? Prop 1 https://youtu.be/BzOaDqSHuKE, Prop 2 https://youtu.be/yqgMueJIBhM, Prop 3 https://youtu.be/u5CzkaAi6aU