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Florida ballot measures

Amendment 1

Ballot measuresFlorida 2026 › Amendment 1

Florida Amendment 1 (2026): Budget Stabilization Fund

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

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.

What Amendment 1 would do

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.

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.

How Amendment 1 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.

Verify with the state: official full text and details →. Wording above follows the certified ballot language; The Ballot Brief does not take positions on measures.

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