The Ballot Brief
Florida ballot measures · 2026

Amendment 1 Budget Stabilization Fund

Ballot measures › Florida 2026 › Amendment 1

We use AI to research and write election information. Errors are possible. Verify important details with official sources.

Constitutional amendment (legislative referral, HJR 5019)On the November 3, 2026 ballot

Did it pass? The official answer comes November 17.

Florida makes results final in three steps.
✓
Done · Nov 3
Votes were cast and counted
Election night totals are a first count, not the final one.
2
Happening now · by Nov 16
Counties double-check their counts
The county reviews mail ballots, provisional ballots and any recount, then sends official totals to the state.
3
Next · Nov 17
Florida makes it official
The Elections Canvassing Commission certifies the result. The result appears on this page that day.

What local news is reporting

Not official yetUpdated November 4, 2026

This report is cited to the outlet that published it. We do not call results. Official running count: Florida official results.

Amendment 1: Budget Stabilization Fund
Failed with 40% yes, News4JAX reported.News4JAX, “Florida voters pass Amendment 3 property tax measure, reject 2 other amendments”, November 4, 2026. Unofficial until certified.

Reports are checked daily until Florida certifies on November 17; the official result is the state's certified count.

Florida Amendment 1 (Budget Stabilization Fund) is on the November 3, 2026 ballot. Increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the Legislature to transfer the lesser of $750 million or the amount required to reach 25% each year unless certain conditions are met, and allow the Legislature to withdraw funds for critical state needs.

As of November 4, 2026, News4JAX reported that Florida Amendment 1 failed with 40% yes; the result is unofficial until Florida certifies it on November 17.

What a yes or no vote means

A YES vote Supports raising the cap on Florida's budget stabilization (rainy-day) fund from 10% to 25% of general revenue collections and requiring annual transfers into the fund until that cap is met, with withdrawals allowed for critical state needs.
A NO vote Keeps the current constitutional cap of 10% of general revenue collections on the budget stabilization fund, with no new required annual transfers.
Read the certified ballot question

Increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the Legislature to transfer the lesser of $750 million or the amount required to reach 25% each year unless certain conditions are met, and allow the Legislature to withdraw funds for critical state needs.

Verify with the state: official full text and details →.

See everything else on your Florida ballot

About this measure

How it reached the ballot

Florida's citizen initiative can propose only constitutional amendments; there is no statute initiative or veto referendum. Petitions need signatures equal to 8 percent of the last presidential vote (880,062 for 2026), spread across at least 14 of 28 congressional districts, and the Florida Supreme Court reviews each initiative for single-subject compliance and clear ballot language. Amendments also reach the ballot by a three-fifths vote of both legislative chambers, and every amendment, however proposed, needs 60 percent voter approval to pass.

About this page

Wording above follows the certified ballot language; The Ballot Brief does not take positions on measures.

Other Florida statewide measures in 2026

Amendment 2: Exemption of Tangible Personal Property on Agricultural Land from TaxationAmendment 3: Save Our Homes From Excessive Property Taxes

All Florida 2026 ballot measures · Florida candidates