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Florida Amendments 2026: What's on the November Ballot

Three amendments are on Florida's November 2026 ballot: the rainy-day fund, farm equipment taxes, and Save Our Homes. What each does — and what's NOT on it.

By John Peters

Searching for the 2026 Florida amendments gets you a wall of 2024 leftovers — last cycle’s marijuana Amendment 3 and abortion Amendment 4 still dominate the results. Here is the verified 2026 list, sourced to the Department of State’s official database and the enrolled joint resolutions, written for Hillsborough County voters.

Amendment 1: Budget Stabilization Fund

What it does: raises the cap on Florida’s rainy-day fund (the Budget Stabilization Fund) from 10% to 25% of general revenue collections, and requires the Legislature to transfer each year the lesser of $750 million or the amount needed to reach that cap. Transfers can pause when funds are withdrawn or when the Legislature declares a “critical state need” by a two-thirds vote of each house.

How it got here: HJR 5019, passed nearly unanimously in June 2025 (House 100–1, Senate 29–4).

The plain trade-off: a bigger cushion for hurricanes and recessions, funded with dollars that would otherwise be available to spend or return. For a fiscal-discipline voter, forcing Tallahassee to save in good years is the point.

Amendment 2: Farm Equipment Property-Tax Exemption

What it does: exempts tangible personal property — tractors, machinery, tools — from local property taxes when it is kept on land classified as agricultural, used for farming or agritourism, and owned by that land’s owner or leaseholder. First applies to tax years beginning January 1, 2027.

How it got here: CS/HJR 1215, passed April–May 2025 (House 110–1, Senate 37–0). Its House sponsor represents the Riverview area — this one has local roots, and it lands squarely on Plant City’s farm economy and the agricultural land across eastern and southern Hillsborough.

The cost side, attributed: state economists at Florida’s Revenue Estimating Conference project no impact on state revenues and at least $28.7 million a year less for local governments statewide (House staff analysis of CS/HJR 1215).

Amendment 3: Save Our Homes From Excessive Property Taxes

The headliner for homeowners: the non-school homestead exemption rises to $150,000 in 2027 and $250,000 in 2028, the non-homestead assessment cap drops from 10% to 5%, and the Legislature is directed to schedule full elimination of non-school homestead taxes. School taxes and CDD assessments are untouched.

We’ve published the full Hillsborough deep-dive — verified worked examples ($400k homesteaded home: ~$6,547 → ~$4,164 by 2028), what it costs local services, and what it doesn’t change: the complete Amendment 3 guide.

What’s NOT on the 2026 Ballot

This is where the 2024 confusion bites hardest:

Could More Amendments Still Be Added?

Yes — that’s why this guide says “as of publication.” The Legislature can refer additional amendments by joint resolution filed more than 90 days before the election (roughly early August 2026), and it already used that power once this year, adding Amendment 3 in the June special session. This page will be updated if the list changes.

How and When You Vote on These

The amendments appear on the November 3, 2026 general election ballot — not the August primary. Every voter votes on them regardless of party; each needs 60% of the vote to pass. Key dates: register by October 5, request a mail ballot by October 22, early voting in Hillsborough runs October 19 – November 1. Check everything on your ballot with our Hillsborough sample-ballot guide and confirm your district at Am I in the new FL-14?

Frequently Asked Questions

How many amendments are on the Florida ballot in 2026?

Three, as of publication — Amendment 1 (Budget Stabilization Fund), Amendment 2 (agricultural equipment tax exemption), and Amendment 3 (Save Our Homes homestead-exemption increase). All were placed by the Legislature; the number could still grow until roughly early August 2026.

Is abortion on the Florida ballot in 2026?

No. The 2024 measure won 57% but failed against the 60% threshold, its sponsoring committee disbanded, and no new abortion initiative qualified for 2026.

Is marijuana on the Florida ballot in 2026?

No. The recreational-marijuana campaign fell short of validated signatures, courts upheld the disqualifications, and the Florida Supreme Court declined its final appeal in March 2026.

What percentage do Florida amendments need to pass?

60% of the votes cast on the measure, under Article XI of the Florida Constitution. That threshold is why 2024’s abortion measure failed at 57%.

What does Amendment 1 do in Florida 2026?

It raises the cap on Florida’s Budget Stabilization Fund — the state’s rainy-day reserve — from 10% to 25% of general revenue and requires annual transfers of the lesser of $750 million or the amount needed to reach the cap, with pauses allowed for withdrawals or a declared critical state need.

Three Questions, One Ballot

November’s amendments are about how Florida saves, how it taxes farms, and how it taxes homes. Get the full Amendment 3 homeowner math, see everything else on your ballot, and meet the candidates for the new FL-14.

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