2018 General Election Guide Archive

FL Amendment 2 – Limitations on Property Tax Assessments

Makes permanent what currently is a temporary cap of 10 percent on annual property value increases for vacation homes, apartments and commercial property, effectively limiting increases on tax bills.

Election Results

Votes % of Votes Result
5,162,544 66.49%


A YES vote would...

  • Make permanent the 10 percent limit on increases in tax value for non-homestead property, thus reducing tax bills.
  • Continue to deny local governments (excluding school districts) tax revenue they would otherwise collect from rising property values.

A NO vote would...

  • End the practice of limiting tax increases on non-homestead property by limiting property-value increases to 10 percent.
  • Possibly lead to higher tax bills for non-homestead property, resulting in additional revenue to local governments of about $700 million, according to the state Revenue Estimating Conference.


  • Florida Association of Realtors
  • Florida TaxWatch
  • Florida Chamber of Commerce


  • League of Women Voters of Florida
  • Florida Education Association

General Election 2018 Guide Archive Categories