Ron DeSantis Recommends a ‘No’ Vote on Florida’s Rainy Day Fund Amendment. Here’s Why.

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The Florida GOP announced yesterday that it was supporting Amendment 1, a measure to protect the state’s rainy day fund. That amendment would raise the state’s rainy day cap from 10 to 25 percent of general revenue, require annual deposits of $750 million until the fund is fully stocked, and allow lawmakers to tap the fund for only “critical state needs.”

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Gov. Ron DeSantis, however, is breaking with the Florida GOP and explained why.

“Any additional revenue should be used for lower taxes, including assisting local governments with grants so that homestead properties can be exempt from local property tax. Surplus revenue could also be used to remove tolls once the property tax issue is settled,” he wrote on X. “I recommend a no vote.”

Right now, Florida’s rainy day fund is at about $5 billion, its current legal maximum. It can be accessed for two reasons: a shortfall in the general revenue fund or for an emergency (Governor-declared under the Emergency Management Act or declared by law). Under Amendment 1, the Legislature could tap it on a nonrecurring basis for “critical state need” with a two-thirds vote of each chamber in a standalone bill.

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Abuse of a larger rainy day fund seemed to be a big concern for some people.

Another user asked who decides what the critical need is, calling the term “Orwellian.”

Will DeSantis’ recommendation impact the vote?

In the past, DeSantis successfully swayed voters on amendments. This included Amendment 3 (2024), which would have legalized recreational marijuana, and Amendment 4 (2024), which would have legalized abortion up to the age of viability. DeSantis opposed both, and neither reached the 60 percent required to amend the state constitution.

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It will be interesting to see what happens to Amendment 1 in November, given that Ron DeSantis is on record opposing it.

Editor’s Note: The 2026 Midterms will determine the fate of President Trump’s America First agenda. Republicans must maintain control of both chambers of Congress.

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