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Florida midterm election results: Florida OKs Amendment 3, rejects Amendments 1 & 2

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2026 Elections
Updated November 4, 2026 12:34 AM EST Published November 3, 2026 6:00 PM EST

The Brief

    • Florida voters rejected Amendments 1 & 2 on Tuesday, and accepted Amendment 3.
    • Amendment 1 raised the cap to Florida's Budget Stabillization Fund.
    • Amendment 2 would eliminate tangible personal property taxes on machinery used in farming, ranching and agritourism.
    • Amendment 3 increases the homestead exemption to $150K in 2027, and $250K in 2028.

Florida voters rejected Amendments 1 & 2 on Tuesday, Nov. 3, and passed Amendment 3.

What is Amendment 1? Amendment 1 deals with Florida's Budget Stabilization Fund, known as its rainy day fund. The proposal raises the cap to 25% and requires the Florida Legislature to make a yearly contribution up to $750 million until the fund cap is reached.

What is Amendment 2? Amendment 2 sought to eliminate tangible personal property taxes on machinery used in farming, ranching and agritourism. 

What is Amendment 3? Amendment 3 increases the homestead exemption to $150,000 in 2027 and $250,000 in 2028, and requires local governments to use those funds solely on public safety, education, schools, infrastructure, and other avenues.

Election results: Amendments 1, 2, and 3

The Source: Live election results are from the Associated Press and the Florida Division of Elections.

2026 Elections