Overview
- Gov. Ron DeSantis announced the plan on Wednesday, May 27, and issued a proclamation for a Special Session beginning Monday, June 1, to consider placing a constitutional amendment before voters.
- The proposal would immediately raise the homestead exemption to $250,000, direct lawmakers to set a glide path toward $500,000 and eventual elimination, and include rules limiting remaining property tax revenue to core services.
- The measure must pass each chamber by three‑fifths to reach the ballot and would need at least 60% voter approval in November to amend the Florida Constitution.
- Independent analysts and local officials warn the change could cost local governments billions of dollars a year, with prior state estimates showing multi‑billion impacts in early years if similar phase‑outs proceed.
- Legislative leaders are split: the Senate signaled support for the governor’s outline, the House and county groups are pressing for fiscal detail, and lawmakers must finalize ballot language quickly to meet fall deadlines.