Florida state lawmakers are set to meet in Tallahassee next week to consider possible changes to property tax laws, which could include eliminating them entirely.
One proposal being considered involves raising the homestead exemption to $500,000 for non-school taxes. Additionally, lawmakers will examine changes to caps on annual increases and measures to prevent local foreclosures on homesteaded properties.
Governor Ron DeSantis emphasized the importance of property tax relief, stating, “The best way we can do to help give people relief, so they are able to do well and make ends meet, is the property tax.”
Lawmakers could put a constitutional amendment on property taxes before voters in 2026. The amendment might include changes proposed by lawmakers.
Opponents of abolishing property taxes worry about how local governments would replace the revenue needed for infrastructure, police and fire services. In counties like Orange, property taxes are the main income source.
Upcoming discussions in Tallahassee hold the promise of shaping important changes in property tax policies, which could benefit homeowners and support local government budgets. The proposed constitutional amendment in 2026 will give voters the chance to have their say on these key issues.
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