October 22, 2026 | Florida Ag News | Josh McGill
Florida farmers could soon receive significant property tax relief on agricultural equipment under a proposed constitutional amendment appearing on the November 3 ballot. Amendment 2 would eliminate annual tangible personal property taxes on qualifying agricultural equipment, potentially helping growers reduce operating expenses and reinvest more money into their farms.
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Amendment 2 Could Provide Property Tax Relief for Florida Farmers
Josh McGill reports for Southeast AgNet Radio Network’s Florida Ag News.
What Would Amendment 2 Change?
Currently, Florida businesses receive a tangible personal property tax exemption on the first $25,000 of qualifying property. However, equipment valued above that threshold can still be subject to annual property taxes.
For Florida agricultural producers, those expenses can add up quickly. Tractors, irrigation systems, harvesting equipment and other machinery represent substantial investments that farmers depend on to maintain their operations.
Amendment 2 would establish a broader exemption for qualifying tangible personal property used in agricultural production or agritourism.
To qualify, the property must meet several requirements, including being located on land classified as agricultural, being used for agricultural production or agritourism, and meeting the amendment’s ownership requirements.
Florida Agricultural Organizations Support the Proposal
The Florida Fruit and Vegetable Association (FFVA) supports Amendment 2, emphasizing the potential benefits for agricultural businesses facing rising production costs.
The proposed exemption could benefit operations of different sizes, including smaller farms, nurseries and specialty crop growers that invest in machinery and equipment.
Supporters believe eliminating recurring property taxes on qualifying agricultural equipment would allow producers to direct additional resources toward equipment maintenance, technological improvements and production efficiency.
The proposal comes as Florida agriculture continues navigating higher labor expenses, increasing input costs and development pressure.
For growers operating on tight margins, reducing recurring expenses could provide additional financial flexibility.
Amendment 2 Heads to Florida Voters
Amendment 2 received broad bipartisan support in the Florida Legislature, passing the House by a vote of 110–1 and receiving unanimous approval in the Senate.
Because the proposal would amend Florida’s Constitution, it must receive at least 60% voter approval in the November 3 general election.
If approved, the exemption would begin with the 2027 tax year.
Importantly, the proposal would not eliminate property taxes on agricultural land or buildings. The exemption would apply specifically to qualifying tangible personal property.
Florida voters will decide the measure on November 3.
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