Florida Amendment 5 2024 Explained For Dummies. Amendment 5 would reduce future property tax revenues for local governments in florida by an estimated $22.8 million in 2025, which would grow to. Florida voters will get to decide in the november election whether to shield more of the value of their homes from property taxes under a proposed amendment to.

What would amendment 5 do? The guide offers ballot language, a brief explanation of what the amendment would do and pros and cons to voting in favor for each amendment.