Statewide · Placed on the ballot by the Legislature
Amendment 1: BUDGET STABILIZATION FUND
What your vote does
Voting YES
Approves the change in the ballot summary below.
Voting NO
Rejects the change in the ballot summary below.
If it passes, the change becomes part of the Florida Constitution. If it fails, nothing in the Constitution changes because of it.
Needs 60% to pass. A simple majority is not enough — if fewer than 60% of voters approve it, the measure fails.
Leaving this question blank counts toward neither side: the 60% is of the people who vote on it. Florida Constitution, Article XI, Section 5
What the ballot says
Proposing an amendment to the State Constitution to 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% of the general revenue collections each year unless certain conditions are met, and allow the legislature to withdraw funds for critical state needs.Read the full official text
Understand it first
Official documents
Official document
Proposed Constitutional Amendments for the General Election (November 3, 2026) (opens in a new tab)Florida Division of ElectionsDocumentAug 2026
The state's official booklet: ballot title, summary and full text
Official document
BUDGET STABILIZATION FUND (opens in a new tab)Florida Dept. of State, Division of ElectionsDocument
Division of Elections' amendment database record
Official document
HJR 5019: Budget Stabilization Fund (opens in a new tab)The Florida SenateDocument
Senate bill page, listing the staff analyses for HJR 5019
Official document
HJR 5019 (2025) - Budget Stabilization Fund (opens in a new tab)Florida House of RepresentativesDocument
House bill-detail page: text, vote history and staff-analysis links
Research
Opinion
2026 Florida Amendment Guide (opens in a new tab)James Madison InstituteSep 2026
James Madison Institute's own guide page
Reporting
- Amendments 1 & 2: Lesser-known Florida ballot amendments focus on state reserves, farm tax breaks (opens in a new tab)
WPTVScott SuttonOct 2026
- Amendment 1 scrambles traditional partisan lines, pitting David Jolly and the Florida GOP against Ron DeSantis (opens in a new tab)
Florida PoliticsA.G. GancarskiOct 2026
- What is Florida's Amendment 1? What it would change and why Gov. Ron DeSantis opposes it (opens in a new tab)
CBS MiamiNews Service of FloridaSep 2026
- DeSantis breaks with GOP over budget stabilization amendment (opens in a new tab)
WFLASep 2026
- DeSantis splits with the Florida Republicans on Amendment 1 and reserve funds (opens in a new tab)
WUSFGray Rohrer, News Service of FloridaSep 2026
- Amendment 1: Budget Stabilization Fund, Explained (opens in a new tab)
The Bradenton TimesSep 2026
- Lawmakers look to pump up rainy-day fund (opens in a new tab)
Ocala GazetteJim Turner & Jim Saunders, News Service of FloridaJun 2025
The case for a YES
Research
Opinion
The Florida Taxpayer's Guide for the 2026 Constitutional Amendments (opens in a new tab)Florida TaxWatchDocumentSep 2026
Advocacy
Opinion
Florida GOP Officially Endorses Amendments 1 and 3 (opens in a new tab)Republican Party of FloridaSep 2026
Republican Party of Florida's own press release
Commentary
Opinion
A bigger rainy day fund makes sense (opens in a new tab)Citrus County ChronicleGeorge WilsonOct 2026
Letter to the editor, Citrus County Chronicle
Opinion
Stop Paying Rent to the State How Florida Amendments 1, 2, and 3 Cut Your Taxes (opens in a new tab)Palm Beach Examiner (Substack)Karl DickeyAug 2026
The case for a NO
Advocacy
Opinion
NO on 1, 2, 3, YES on Our Schools, Parks and Libraries (opens in a new tab)Palm Beach County Democratic PartyCommunications Committee ChairOct 2026
Palm Beach County Democratic Party's own amendment recommendations
Opinion
Constitutional Amendments (opens in a new tab)Florida Education AssociationDocument
Florida Education Association's own voter toolkit, listing itself as opposed
Opinion
Florida Amendment 1- Budget Stabilization Fund (opens in a new tab)League of Women Voters of FloridaDocument
League of Women Voters of Florida's own VOTE411 guide page, listing itself as opposed
Opinion
2026 Broward AFL-CIO Endorsements (opens in a new tab)Broward County AFL-CIO
Broward County AFL-CIO's own endorsement list; no reasons supplied
Commentary
Opinion
What is the Budget Stabilization Fund (and why should I care)? (opens in a new tab)Villages-News.comCharlene GriffinOct 2026
Letter to the editor, Villages-News.com
Opinion
Observer recommends: State Amendments 1 & 2 (opens in a new tab)Your ObserverMatt WalshOct 2026
Your Observer opinion page, by Observer Media Group's founder and CEO
Opinion
Three Amendments, Three Reasons to Vote No (opens in a new tab)Amanda Informed (Substack)Amanda InformedSep 2026
