Florida Amendment 5 2024 Explained In Detail

Florida Amendment 5 2024 Explained In Detail. Amendment 5 would reduce future property tax revenues for local governments in florida by an estimated $22.8 million in 2025, which would grow to about $112 million by. Tallahassee — when florida voters went to the polls in 1998, they passed a constitutional amendment that made a series of election.

Amendment 5 would reduce future property tax revenues for local governments in florida by an estimated $22.8 million in 2025, which would grow to about $112 million by. 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.