"In Florida, House Republicans advanced a slate of non-school property tax reductions through initial committees last week, including measures that would wipe out such taxes outright or phase them out over 10 years. A separate bill would eliminate non-school property taxes only for residents 65 and older. This is a targeted approach to help those who need it the most, Miami Republican Rep. Juan Porras told local outlet Spectrum News 13."
"The Florida Policy Institute estimates a $43 billion gap in funding needed to maintain services under the House proposals. We should not be putting our local governments in a situation where we're taking away tools, only to have them shift that burden in some other way, said House Democratic Leader Fentrice Driskell. That is actually going to have the most adverse impacts on the people who need our help the most."
House Republicans advanced proposals to reduce or eliminate non-school property taxes, including options to wipe them out outright or phase them out over ten years and a targeted exemption for residents 65 and older. One proposal would lock law enforcement funding by mandating police budgets remain untouched. Approved constitutional amendments would go to Florida voters in 2026 and require 60% support to pass. Democrats warned of steep consequences for cities and counties and cited a Florida Policy Institute estimate of a $43 billion funding gap. State data shows residential parcels now account for more than 70% of property taxes statewide. The Florida Senate filed no companion bills and the governor criticized multiple tax amendments on the 2026 ballot.
Read at www.housingwire.com
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