Amendment 5 Florida 2024 Amendment. This amendment would require “an annual adjustment for inflation to the value of current or future homestead exemptions.” Changes to florida’s constitution require.

These economic benefits fail to account for the increased society costs, such as its impact to the healthcare system, car crashes. Florida amendment 5 will solve the unintended effect of the current language and allow homeowners to take their “save our homes” benefit with them for up to three years.