FL H0209

Increases homestead property tax exemption by $200,000 (from $25,000 to $250,000) for all ad valorem taxes except school district levies, but only for properties covered by comprehensive multiperil property insurance

Requires the new $225,000 exemption amount to be adjusted annually for inflation based on the Consumer Price Index

Prohibits local governments from reducing total funding for law enforcement, firefighters, and other first responders below the higher of their 2025-2026 or 2026-2027 budgeted amounts, regardless of any revenue loss from the expanded exemption

Constitutional amendment would take effect January 1, 2027, pending voter approval at the November 3, 2026 general election