Amendment 5 Florida 2024. Two of the most consequential on the list — perhaps in state history — are. Florida amendment 5, the annual inflation adjustment for homestead property tax exemption value amendment, is on the ballot in florida as a legislatively referred constitutional amendment on november 5, 2024.
Amendment 5 is an issue of what’s fair for florida taxpayers. Amendments must garner at least 60% approval to become the law of the land.