PEMBROKE PARK, Fla. – Amendment 5 will be on the ballots of Florida voters on Nov. 5.
Here is the ballot text: Annual Adjustments to the Value of Certain Homestead Exemptions Proposing an amendment to the State Constitution to require an annual adjustment for inflation to the value of current or future homestead exemptions that apply solely to levies other than school district levies and for which every person who has legal or equitable title to real estate and maintains thereon the permanent residence of the owner, or another person legally or naturally dependent upon the owner is eligible. This amendment takes effect January 1, 2025.
A “yes” vote supports an annual inflation adjustment to the amount of assessed value that is exempt from property taxation.
A “no” vote opposes an annual inflation adjustment to the amount of assessed value that is exempt from property taxation.