How much will Amendment 3 save you? Here’s how to find out

Florida voters have officially approved a new property-tax plan that is soon set to take effect, according to the Associated Press.The proposal — Amendment 3 — provides a new homestead exemption for non-school taxes for residents in the state.We have all the information you need to know about the amendment, and how it compares to former property tax rules in this article.What we want to help you know now that it passed, though, is how will Amendment 3 actually impact you, and especially, your wallet?Well, we found this calculator online, that shows you a rough estimate of how much you’ll be saving.For example, if you live in Orlando, under the $150,000 exemption in 2027 you’d save roughly $1,113! In 2028, under the $250,000 exemption, that number more than doubles to $2,242. Now of course, these numbers are just rough estimates, and could be more, or less, once the Amendment officially takes effect. But, this is a chance to see how the amendment truly impacts you, and your wallet. We’l