Action News Jax

Amendment 5 would cut taxes for homeowners, but reduce revenue for local governments

JACKSONVILLE, Fla. — Florida voters will have the opportunity to lower their property taxes with their decision on Amendment 5, but the measure may not be as straightforward as it seems. Amendment 5 ...
WCTV

Amendment 5 would tie Florida’s homestead tax exemption to inflation

TALLAHASSEE, Fla. (WCTV/Gray Florida Capital Bureau) - Voters across Florida will decide on a constitutional amendment changing the Homestead exemption. Amendment 5 would tie the homestead exemption ...
WPTV-TV

AMENDMENT 5: How will the approved amendment impact local government?

WEST PALM BEACH, Fla. — The victory of Amendment 5 in Florida is being touted as a win for lowering taxes for homeowners. Now approved and ready to take effect Jan. 1, the amendment will adjust the ...
WESH

Explaining Florida Amendment 5: New property tax break for homeowners

I’M SPENCER TRACY, WESH TWO NEWS. CONTINUING OUR COMMITMENT 2024 COVERAGE. LET’S TURN TO ANOTHER OF THE AMENDMENTS ON YOUR BALLOT. SO AMENDMENT FIVE WOULD GIVE HOMEOWNERS A NEW TAX BREAK. BUT AS WESH ...
WJHG

Amendment 5 passes; annual adjustment for inflation required for homestead exemptions

PANAMA CITY, Fla. (WJHG/WECP) - Amendment 5 has been passed in the State of Florida. That means homestead exemptions will be annually adjusted for inflation. The amendment’s summary states: “Proposing ...
WPBF

Amendment 5: Florida voters to decide on property tax break tied to inflation

JUST A FEW MINUTES. ONE OF THE AMENDMENTS FLORIDIANS WILL VOTE ON THIS FALL IS AMENDMENT FIVE. IT WOULD GIVE HOMEOWNERS MORE SAVINGS ON THEIR TAX BILLS. I SPOKE WITH A POLITICAL SCIENCE PROFESSOR FROM ...