December 12, 2013
The third of eleven amendments on Florida’s ballot deals with revenue.
If passed, Amendment #3 would replace current limits on money spent in the state with a new cap based on the rate of inflation and the number of people in the state.
Any money beyond this would go to a fund for education or back to the taxpayers. It also requires that any future increase would require a 60% majority vote before passing.
It's supported by the Florida Senate President, but opposed by groups such as AARP.