Amendment 5 Florida 2024. Reason foundation’s policy analysts are examining some of the ballot measures on the florida ballot in november 2024. Amendment 5 is a proposal that seeks to adjust the homestead exemption annually for inflation.

Proposing an amendment to the state constitution to require an annual adjustment for inflation to the value of current or future homestead exemptions that apply solely to levies. In this story, we highlight amendment 5 to help you prepare for election day, which is from 7 a.m.