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Florida's Amendment 3 passes, but what does that mean for property taxes?

The homestead exemption amendment passed with 62% voting yes.

2h ago (01:49)

Parts of Broward including Pompano Beach and Davie, continue to report massive floodings

Parts of Broward including Pompano Beach and Davie, continue to report massive floodings

Florida's Amendment 3 passes, but what does that mean for property taxes?

Florida's Amendment 3 passes, but what does that mean for property taxes?

Holiday shopping is right around the corner, here are budget tips experts recommend

Holiday shopping is right around the corner, here are budget tips experts recommend

Localized flooding and heavy rain continue in South Florida, but drier air could be coming soon

Localized flooding and heavy rain continue in South Florida, but drier air could be coming soon

Republicans in Florida secure governor, senate races but the margin was closer than predicted

Republicans in Florida secure governor, senate races but the margin was closer than predicted

Democrat Oliver Gilbert has won the race in Florida’s Congressional District 24

Democrat Oliver Gilbert has won the race in Florida’s Congressional District 24

Democratic Rep. Debbie Wasserman Schultz has won reelection for Florida Congressional District 20

Democratic Rep. Debbie Wasserman Schultz has won reelection for Florida Congressional District 20

NEXT Weather remains in effect in South Florida as torrential rain pounds Broward

NEXT Weather remains in effect in South Florida as torrential rain pounds Broward

Florida Congressional District 27 remains a toss-up as votes trickle in

Florida Congressional District 27 remains a toss-up as votes trickle in

Democratic Rep. Jared Moskowitz wins Florida’s 25th Congressional District

Democratic Rep. Jared Moskowitz wins Florida’s 25th Congressional District

Angie Nixon loses U.S. Senate race to Sen. Ashley Moody

Angie Nixon loses U.S. Senate race to Sen. Ashley Moody

Republican Sen. Ashley Moody wins senate race against Angie Nixon

Republican Sen. Ashley Moody wins senate race against Angie Nixon

Democrat David Jolly loses Florida governor’s race, CBS News projects

Democrat David Jolly loses Florida governor’s race, CBS News projects

Republican Byron Donalds projected to become Florida's next governor

Republican Byron Donalds projected to become Florida's next governor

Flooding reported across South Florida as heavy rain pounds region

Flooding reported across South Florida as heavy rain pounds region

Rep. Debbie Wasserman Schultz speaks with CBS News Miami after election night win

Rep. Debbie Wasserman Schultz speaks with CBS News Miami after election night win

U.S. Coast Guard detains ship set to depart from Miami due to deficiencies found during inspection

U.S. Coast Guard detains ship set to depart from Miami due to deficiencies found during inspection

South Florida flooding impacts some voting sites on Election Day

South Florida flooding impacts some voting sites on Election Day

DOJ deploys election monitors to South Florida polling locations

DOJ deploys election monitors to South Florida polling locations

Familiar South Florida political figures face off for Florida's 25th Congressional District

Familiar South Florida political figures face off for Florida's 25th Congressional District

Despite rain, technical issues, voters make their way to polls across South Florida

Despite rain, technical issues, voters make their way to polls across South Florida

Plane may have been breaking up before crashing in Palm Beach County, NTSB says

Plane may have been breaking up before crashing in Palm Beach County, NTSB says

Scattered storms are in the forecast across South Florida after days of heavy rain

Scattered storms are in the forecast across South Florida after days of heavy rain

9 victims killed in Palm Beach jet crash identified by family members

9 victims killed in Palm Beach jet crash identified by family members

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