FL H0203

Proposes a constitutional amendment to exempt homestead property from all ad valorem (property) taxes except school district levies, effective January 1, 2027

Removes the existing $25,000 exemption on assessed value between $50,000 and $75,000 for non-school levies, replacing it with a complete exemption on all assessed value for non-school taxes

Prohibits local governments from reducing total funding for law enforcement, firefighters, EMTs, paramedics, and correctional officers below the higher of their 2025-2026 or 2026-2027 budgeted amounts

Eliminates optional additional homestead exemptions that counties and municipalities could grant to seniors age 65+ with household income under $20,000

Requires voter approval at the November 3, 2026 general election or an earlier special election authorized by law