October 11, 2024

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Florida Amendment 5 2024 Explained

Florida Amendment 5 2024 Explained. Florida voters will consider a constitutional amendment this november that could affect property. Amendment 5 is a proposal that seeks to adjust the homestead exemption annually for inflation.


Florida Amendment 5 2024 Explained

Amendment 5 could lead to more savings for property owners who apply for homestead property tax exemptions โ€” and cost local governments millions in reduced. This year, the florida legislature proposed an amendment to the state constitution that could change the way municipalities collect property taxes.

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