Florida Voters to Decide on Agricultural Tax Break in 2026

Florida voters may have the opportunity to decide on a proposed tax break for farmers in 2026. As reported by FloridaPolitics.com, the state Legislature has approved a constitutional amendment that would exempt tangible personal property (TPP) on agricultural land, including properties used for farming or tourism, from property taxes.

The amendment passed both the Senate and the House, with a final vote of 37-0 in the Senate and 110-1 in the House. However, Democratic Rep. Anna Eskamani raised concerns about the potential loss of $28.7 million in local government revenue, arguing that the tax relief could primarily benefit larger agribusinesses.

Supporters, including Rep. Danny Alvarez, argue that the tax exemption would help struggling farmers by removing financial barriers and allowing them to reinvest in their operations. The amendment, which does not require the Governor’s signature, will appear on the 2026 general election ballot. For it to pass, it must receive at least 60% voter approval.

For more: https://floridapolitics.com/archives/736070-legislature-votes-to-put-agriculture-tax-cut-on-statewide-ballot-in-2026/