The joint resolution proposes amendments to the Florida State Constitution that aim to modify the limitations on assessment increases for both homestead and nonhomestead properties. Specifically, it seeks to limit assessment increases for homestead properties to occur once every three years and restrict increases for nonhomestead properties to a maximum of 15 percent during the same period. Additionally, the resolution includes a provision that prohibits counties and municipalities from reducing their total funding for law enforcement services below the amounts budgeted in either the 2025-2026 or 2026-2027 fiscal years, whichever is higher.

If approved, these amendments would take effect on January 1, 2027, and would be presented to voters for approval or rejection at the next general election or an earlier special election. The resolution emphasizes the importance of maintaining stable funding for law enforcement while also addressing the need for controlled assessment increases on property taxes, thereby aiming to provide financial predictability for property owners in Florida.