Amendment 2Constitutional amendment · Put on the ballot by lawmakers
Farm equipment tax exemption
Explain it like I'm 5
Qualifying tractors, tools, and other farm equipment would no longer have a local property tax. The land and buildings would still be taxed, so this is like removing a yearly tax on a farmer's work tools, not the whole farm.
Yes vote
Exempting qualifying tangible personal property used for farming or agritourism on agricultural land from property taxes, beginning with the 2027 tax year.
No vote
Qualifying agricultural equipment remains taxable under current rules.
The question to ask yourself
Is targeted tax relief for qualifying farm equipment worth the lost local revenue?
The case for
- Tax relief could lower operating costs for farmers and agritourism businesses.
- The exemption targets equipment used directly for agricultural activities.
- Supporters argue it could help farms remain competitive and economically viable.
Backed by: Florida Farm Bureau Federation, Agriculture Commissioner Wilton Simpson
The case against
- Local governments would lose revenue and might cut services or shift costs to other taxpayers.
- Large agricultural businesses could receive as much or more benefit than small family farms.
- The constitution may be an inflexible place for a specialized tax exemption.
Opposed by: Rep. Anna Eskamani
- Money
- A Senate analysis estimated about $31 million less in local property-tax revenue in fiscal year 2027-28, with later amounts depending on taxable equipment.
- Don't be misled
- It is misleading to say the measure eliminates farm property taxes, because it covers qualifying equipment and tools, not agricultural land or buildings.