Will Florida Amendment 2 (agricultural personal property tax exemption) be approved in the November 3, 2026 election?

This market resolves YES if Florida Amendment 2 (Exemption of Tangible Personal Property on Agricultural Land from Taxation) is approved by voters at the November 3, 2026 general election under its official approval rule: 60% of votes cast on the measure (Fla. Const. art. XI §5(e)) Only the November 3, 2026 vote counts; earlier votes on similar proposals do not. YES means voter approval at this election, not that the measure is later implemented. What the votes mean (official summary): YES: Qualifying farm/agritourism tangible personal property on agricultural land becomes exempt from ad valorem tax, first applying to tax years beginning Jan 1, 2027. NO: Such property remains subject to ad valorem tax as under current law. Results: resolves on the result certified by Florida Elections Canvassing Commission. It may resolve earlier once official returns or the Associated Press show the outcome cannot change and no recount is pending; if a recount or certified correction changes the outcome before resolution, the certified result controls. No vote: if the measure is removed from the ballot, a court orders its votes not to be counted, or the vote is postponed beyond November 3, 2026, the market resolves N/A. Later legal challenges: resolution follows voter approval as certified. A court later invalidating, enjoining or delaying the measure does not change the resolution. Starting probability: 50% is a neutral starting seed, not a forecast. Official source: https://www.flsenate.gov/Session/Bill/2025/1215