Florida Amendment 5 2024 Explained. — 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 about $112 million by 2028. — 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 appearing on the nov.
— 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 appearing on the nov. — this year, the florida legislature proposed an amendment to the state constitution that could change the way municipalities collect property taxes.