Bill > H0209

This joint resolution proposes a constitutional amendment with two main provisions. First, it would increase the homestead property tax exemption by $200,000 for properties that are covered by a comprehensive multiperil insurance policy, which means an insurance plan that provides broad protection against multiple types of property damage. This exemption applies to all property tax levies except for school district taxes, and the new exemption amount would be adjusted annually for inflation. Second, the resolution prohibits local governments from reducing funding for first responders (including law enforcement, firefighters, emergency medical technicians, and paramedics) below the highest budgeted amount from either the 2025-2026 or 2026-2027 fiscal years. This provision aims to ensure that local public safety services maintain their current funding levels, even if ad valorem (property) tax revenues decrease due to the expanded homestead exemption. If approved by voters, these changes would take effect on January 1, 2027, and are designed to provide property tax relief for homeowners while protecting funding for critical local emergency services.

Budget and Finance, Government Affairs

Select Committee on Property Taxes (House), Ways & Means Committee (House)

https://www.flsenate.gov/Session/Bill/2026/209