Governor Ron DeSantis has proposed significant reforms to Florida's property tax system during his recent State of the State address, citing the burden on taxpayers due to soaring property values and local government tax rates. As property taxes have surged, legislators are exploring options for a 2026 ballot initiative that could revise the state constitution. They are evaluating multiple bills aimed at either repealing property taxes altogether or offering selective relief, particularly for seniors. Additionally, recent legislation addresses how flood damage improvements affect property assessments, reflecting ongoing concerns over property tax impact.
DeSantis described property taxes as akin to renting from the government to live in your own home, highlighting the unsustainable burden they place on taxpayers.
The Florida Legislature is considering various proposals to either repeal property taxes or provide targeted relief, particularly for the aging population facing increasing financial pressure.
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