Our Sales Department is Open New Year's Day 11:00AM - 4:00PM
Service & Parts Will be Closed January 1st
It's Debate Day! Stream the 2026 Apopka Mayoral Debate. Visit WESH.com to watch the live stream starting at 5:30PMIt's Debate Day! Stream the 2026 Apopka Mayoral Debate. Visit WESH.com to watch the live stream starting at 5:30PM

X

Get Our Weekly Newsletter

Local news delivered right to your inbox

Subscription Form

Become a Member!

The Apopka Chief does not have a paywall, but journalism is not free. Join your neighbors who make this work possible.


OP-ED: Know before you vote: Property tax constitutional amendment

Set as preferred Google News Source
Representative Doug Bankson
Representative Doug Bankson

Official photo

Key Points

In the midst of summer, not only have the temperatures increased, but also the happenings of the 2026 campaign season. As I alluded to in my last column, a new property tax constitutional amendment that was passed by the state Legislature earlier this month (barring judicial challenge) will be on your ballot when you go to vote for the general election this November. As your state representative, I want to make sure you are fully informed on the effects of this amendment (if it receives 60% support) so that you can be confident in answering this question on the ballot when you go to the polls. 

As a recap, this new constitutional amendment proposes creating a $150,000 non-school property tax exemption for Florida homeowners by 2027, with a subsequent increase to $250,000 by 2028. If implemented, this new measure could lead to $8.8 billion in property tax relief by 2029. This measure would apply to individuals who are considered permanent Florida residents on or before December 31, 2026, while other individuals must be Florida residents for five years before receiving exemption benefits. The amendment caps annual assessment increases on non-homestead property at 5%, helping protect renters and small businesses from rising property taxes.  

In 1980, voters approved a measure to increase the homestead exemption from $5,000 to $25,000 over a three-year period. Voters approved an additionalmeasure in 1998 for a homestead exemption up to $25,000 for Floridians aged 65 or older whose household income was less than $20,000 (with the income limitation being adjusted annually according to changes in the consumer price index). This particular exemption was by local option, where it applied to counties or municipalities providing the exemption. More recently, just in 2024, total statewide property tax levies hit $55.2 billion, more than double the $26.5 billion collected ten years prior. To put things into perspective, in 1980 the average home in Florida cost $45,000, and with a homestead exemption at $25,000, that was a 56% reduction in taxable value for homestead. In 2026, the average Florida home cost is $382,000, so at the present $50,000 deduction that is only 13%. Increasing that to $150,000 would bring it to 34%, not anywhere near the 1980 values but a step in the right direction.  

Become A Member

The Apopka Chief does not have a paywall, but pavement-pounding journalism is not free. Join your neighbors who make this vital work possible.

See Member BenefitsJoin Our Newsletter

Comparing historical efforts to increase homestead exemptions and today’s inflation illustrates the necessity for this constitutional amendment. It’s no secret that property taxes have surged in recent years, far outpacing inflation and putting homeownership out of reach for many families. Homeownership is the foundation of the American Dream and must be protected for future generations. If implemented, this constitutional amendment will help Floridians save thousands of dollars in property taxes, protecting and keeping this dream a reality. 

Leading up to November, I would encourage you to stay informed on this new amendment as much as possible. If you have questions, concerns, or would like more information, please do not hesitate to reach out to my office. 

Author

  • Doug Bankson is the founder and senior pastor of Victory Church World Outreach Center in Apopka, Florida.  He currently serves as State Representative for House District 39.

Suggested Articles

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted