Proposing an amendment to the State Constitution, effective January 1, 2021, to increase, from 2 years to 3 years, the period of time during which accrued Save-Our-Homes benefits may be transferred from a prior homestead to a new homestead.
2020 Florida Amendment 5, commonly known as the Extend "Save Our Homes" Portability Period Amendment, was a proposed amendment to the Constitution of Florida that passed 74.49% to 25.51% in the 2020 election on November 3, 2020. The amendment increased the period during which a person may transfer "Save Our Homes" benefits to a new homestead property from two years to three years.[1]
The amendment extended the application for portability from a two-year window to a three-year window. It required 60% support to pass,[2] ultimately receiving 74.49% support. The affected article of the state constitution was Article VII, Section 4; Article XII.[3]
"Save Our Home" benefits in the state are typically between $25,000 and $50,000, which apply as a tax exemption upon transfer of benefits.[1]
The amendment received more than the mandatory statewide 60% in all counties. Support was strongest in Collier County on the Gulf Coast, the only county in the state to see more than 80% support. Most counties in the Florida Peninsula supported the amendment with 70 to 80% of the votes, while the Big Bend and Panhandle regions saw the lowest support for the proposal. Leon County, the location of the state capital Tallahassee, saw only 61.9% of voters support the amendment.[1]
