The Chamber Has Taken an Official Position on Amendment 3 — Here Is Why

​On August 27, 2026, the Board of Directors of the Miramar Pembroke Pines Regional Chamber of Commerce (our parent chamber) formally adopted an opposition position on Amendment 3, which will appear on the November 2026 general election ballot. This post explains how we got here, what our position is, and what it means for our members and community.

How We Arrived at This Position
This was not a quick decision. Our Government and Legislative Affairs Committee spent several weeks reviewing HJR 1F — the legislation passed during Florida's June 2026 special session that placed Amendment 3 on the ballot. The committee examined the proposal from the perspective of what it means for our business community, our local governments, and the long-term economic health of the region. That analysis was presented to the full Board of Directors, which voted to formally oppose the amendment.

What Amendment 3 Would Do
Amendment 3 proposes to raise Florida's homestead property tax exemption from its current $50,000 to $150,000 in 2027 and to $250,000 in 2028, with inflation adjustments beginning in 2029. It would also authorize the Legislature to pursue full elimination of homestead property taxes through future general law. School district property taxes are explicitly protected and are not affected by the exemption increase. For the amendment to take effect, it must receive at least 60% voter approval this November.

Why the Chamber Is Opposed
We want to be straightforward with our members about the nature of our position. The Chamber does not oppose property tax relief for homeowners, and we recognize that the school district carve-out addresses a serious concern that was raised during our review. Our opposition is focused on a specific structural problem with the amendment as written.

Amendment 3 proposes a reduction in local government revenue estimated at $4.6 billion in 2027 and $8.4 billion in 2028, with no companion legislation establishing any mechanism to replace that revenue. There is no transition plan, no replacement funding framework, and no local government assistance program embedded in the amendment or passed alongside it. The state trust fund that was originally proposed to help cities and counties absorb the financial impact was removed before the final version passed.

That gap matters enormously to our business community. The services our local governments provide (fire protection, emergency response, road maintenance, permitting, code enforcement, and local economic development support) are funded through the property tax revenue this amendment would eliminate. And the most likely mechanisms for replacing that revenue, including higher local sales tax rates, increased millage rates on commercial and non-homestead properties, and expanded non-ad valorem special assessments, would shift the financial burden directly onto businesses and renters.

Both the Tax Foundation and the Florida Policy Institute have concluded that replacing the full scope of lost property tax revenue would require a dramatic increase in Florida's general sales tax rate. The Florida Chamber of Commerce formally warned the Legislature prior to passage that any property tax solution must not result in a tax shift onto businesses and renters. We share that concern, and it has not been resolved.

The Chamber's full official position statement is available Here.

What Comes Next
We know this is a topic our members and community will be discussing between now and November, and we are committed to making sure you have the information you need to engage with it fully. Over the coming weeks, we will be sharing additional resources on our website and social media, including a deeper look at the fiscal implications and what the experience of other states can tell us about how these kinds of revenue shifts play out in practice. We will also be presenting on this topic at our upcoming monthly membership meetings where our Government and Legislative Affairs Committee will walk through the analysis and take questions from members.

We encourage you to bring your questions, your perspectives, and your colleagues. This is exactly the kind of issue the chamber exists to help our business community navigate.