Tampa's $2 billion budget prepares for potential property tax losses under Amendment 3

Florida Caps Property Tax Hikes at 3% a Year for Longtime Homeowners. Buyers Moving In From New Jersey Get Reassessed at Full Market Value the Next January 1

That Florida ranch house looks like a steal until the first tax bill arrives and the number bears no resemblance to what the seller ever paid. Here is what the state's property tax rules actually do to buyers relocating from out of state.

Tampa's $2 billion budget prepares for potential property tax losses under Amendment 3

Tampa could lose more than $70 million a year in property tax revenue by 2032 if Amendment 3 passes.

Desantis Backs Property Tax Exemption Amid Fiscal Concerns

Quick Summary: Desantis Backs Property Tax Exemption Amid Fiscal Concerns Florida Realtors injected $10 million into the Amendment 3 campaign, making it a major financial contender on the ballot. The amendment proposes increasing the homestead property-tax exemption to $250,000, requiring 60% voter approval to pass. Projected fiscal impacts include a $4.95 billion first-year drop in […]

Florida Realtors Allocate $10 Million to Promote Property Tax Relief Amendment

Florida Realtors said Amendment 3 offers "an opportunity to provide meaningful property tax relief while strengthening Florida’s commitment to attainable homeownership." Continue Reading Florida Realtors Allocate $10 Million to Promote Property Tax Relief Amendment