06/02/2026
Florida lawmakers approved a proposal that would increase the homestead exemption for many Florida homeowners.
Proposed exemption levels:
📈 $150,000 in 2027
📈 $250,000 in 2028
(excluding school district taxes)
🏡 WHO BENEFITS?
✔ Homestead Property Owners
✔ Primary Residence Owners
✔ Long-Term Florida Residents
✔ Homeowners Facing Rising Assessments
💰 POTENTIAL IMPACT
For many Florida homeowners:
• Lower taxable property values
• Reduced annual property tax bills
• Increased homeowner savings
• Expanded property tax relief statewide