**Recent legislative action placed Florida Amendment 3 on the November 3, 2026 ballot after a June 2026 special session, where the measure passed the House 75-26 and Senate 30-9.** The proposal raises the homestead exemption on non-school levies to $150,000 in 2027 and $250,000 in 2028 (with inflation indexing thereafter), imposes tighter caps on non-homestead assessments, restricts local use of remaining property tax revenue to core services, and includes residency requirements for new homeowners. Florida constitutional amendments require 60% approval. Early polls showed support near or above that threshold, but organized opposition has emerged from county governments, sheriffs, firefighters, and public safety unions concerned about revenue losses for local services. A mid-August court ruling found the ballot title and summary deficient, creating procedural uncertainty ahead of ballot finalization. Traders appear to weigh these institutional and legal hurdles against homeowner relief arguments when pricing the implied probability of passage below 60%.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill Florida's "Save Our Homes from Excessive Property Taxes" referendum pass in November 2026?
Will Florida's "Save Our Homes from Excessive Property Taxes" referendum pass in November 2026?
40% chance
NEW
NEW
Nov 3, 2026
40% chance
NEW
NEW
Nov 3, 2026
Florida Amendment 3, also referred to as "Save Our Homes from Excessive Property Taxes" and the "Homestead Tax Exemptions, Property Assessments, and Spending Restrictions Amendment" is a Florida legislatively referred constitutional amendment currently scheduled for voting as a ballot measure on November 3, 2026.
This market will resolve to “Yes” if the specified ballot measure is approved by the numerical threshold of voters in Florida required for it to pass at the statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.”
If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”.
Subsequent litigation or any failure to implement the measure will have no impact on the resolution of this market.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of Florida, including the Florida Department of State (https://dos.fl.gov/). **Recent legislative action placed Florida Amendment 3 on the November 3, 2026 ballot after a June 2026 special session, where the measure passed the House 75-26 and Senate 30-9.** The proposal raises the homestead exemption on non-school levies to $150,000 in 2027 and $250,000 in 2028 (with inflation indexing thereafter), imposes tighter caps on non-homestead assessments, restricts local use of remaining property tax revenue to core services, and includes residency requirements for new homeowners.
Florida constitutional amendments require 60% approval. Early polls showed support near or above that threshold, but organized opposition has emerged from county governments, sheriffs, firefighters, and public safety unions concerned about revenue losses for local services. A mid-August court ruling found the ballot title and summary deficient, creating procedural uncertainty ahead of ballot finalization. Traders appear to weigh these institutional and legal hurdles against homeowner relief arguments when pricing the implied probability of passage below 60%.
Florida Amendment 3, also referred to as "Save Our Homes from Excessive Property Taxes" and the "Homestead Tax Exemptions, Property Assessments, and Spending Restrictions Amendment" is a Florida legislatively referred constitutional amendment currently scheduled for voting as a ballot measure on November 3, 2026.
This market will resolve to “Yes” if the specified ballot measure is approved by the numerical threshold of voters in Florida required for it to pass at the statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.”
If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”.
Subsequent litigation or any failure to implement the measure will have no impact on the resolution of this market.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of Florida, including the Florida Department of State (https://dos.fl.gov/).
This market will resolve to “Yes” if the specified ballot measure is approved by the numerical threshold of voters in Florida required for it to pass at the statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.”
If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”.
Subsequent litigation or any failure to implement the measure will have no impact on the resolution of this market.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of Florida, including the Florida Department of State (https://dos.fl.gov/).
Market Opened: Jul 8, 2026, 6:20 PM ET
Volume
$1,022End Date
Nov 3, 2026Market Opened
Jul 8, 2026, 6:20 PM ETResolver
0x65070BE91...Florida Amendment 3, also referred to as "Save Our Homes from Excessive Property Taxes" and the "Homestead Tax Exemptions, Property Assessments, and Spending Restrictions Amendment" is a Florida legislatively referred constitutional amendment currently scheduled for voting as a ballot measure on November 3, 2026.
This market will resolve to “Yes” if the specified ballot measure is approved by the numerical threshold of voters in Florida required for it to pass at the statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.”
If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”.
Subsequent litigation or any failure to implement the measure will have no impact on the resolution of this market.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of Florida, including the Florida Department of State (https://dos.fl.gov/). **Recent legislative action placed Florida Amendment 3 on the November 3, 2026 ballot after a June 2026 special session, where the measure passed the House 75-26 and Senate 30-9.** The proposal raises the homestead exemption on non-school levies to $150,000 in 2027 and $250,000 in 2028 (with inflation indexing thereafter), imposes tighter caps on non-homestead assessments, restricts local use of remaining property tax revenue to core services, and includes residency requirements for new homeowners.
Florida constitutional amendments require 60% approval. Early polls showed support near or above that threshold, but organized opposition has emerged from county governments, sheriffs, firefighters, and public safety unions concerned about revenue losses for local services. A mid-August court ruling found the ballot title and summary deficient, creating procedural uncertainty ahead of ballot finalization. Traders appear to weigh these institutional and legal hurdles against homeowner relief arguments when pricing the implied probability of passage below 60%.
Florida Amendment 3, also referred to as "Save Our Homes from Excessive Property Taxes" and the "Homestead Tax Exemptions, Property Assessments, and Spending Restrictions Amendment" is a Florida legislatively referred constitutional amendment currently scheduled for voting as a ballot measure on November 3, 2026.
This market will resolve to “Yes” if the specified ballot measure is approved by the numerical threshold of voters in Florida required for it to pass at the statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.”
If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”.
Subsequent litigation or any failure to implement the measure will have no impact on the resolution of this market.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of Florida, including the Florida Department of State (https://dos.fl.gov/).
This market will resolve to “Yes” if the specified ballot measure is approved by the numerical threshold of voters in Florida required for it to pass at the statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.”
If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”.
Subsequent litigation or any failure to implement the measure will have no impact on the resolution of this market.
This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of Florida, including the Florida Department of State (https://dos.fl.gov/).
Volume
$1,022End Date
Nov 3, 2026Market Opened
Jul 8, 2026, 6:20 PM ETResolver
0x65070BE91...**Recent legislative action placed Florida Amendment 3 on the November 3, 2026 ballot after a June 2026 special session, where the measure passed the House 75-26 and Senate 30-9.** The proposal raises the homestead exemption on non-school levies to $150,000 in 2027 and $250,000 in 2028 (with inflation indexing thereafter), imposes tighter caps on non-homestead assessments, restricts local use of remaining property tax revenue to core services, and includes residency requirements for new homeowners. Florida constitutional amendments require 60% approval. Early polls showed support near or above that threshold, but organized opposition has emerged from county governments, sheriffs, firefighters, and public safety unions concerned about revenue losses for local services. A mid-August court ruling found the ballot title and summary deficient, creating procedural uncertainty ahead of ballot finalization. Traders appear to weigh these institutional and legal hurdles against homeowner relief arguments when pricing the implied probability of passage below 60%.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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