Video above: Gov. DeSantis proposes to scale back property taxes
TALLHASSEE, Fla. (WFLA) — Lawmakers within the Florida Home of Representatives introduced a brand new Choose Committee on Property Taxes on Tuesday.
The committee will discover potential reforms, together with eliminating property taxes, in response to a information launch.
The committee will take into account insurance policies requiring each metropolis, county and particular district within the state to carry a referendum the place voters can weigh in on eliminating property taxes for homestead properties. Different potential reforms embody creating a brand new $500,000 homestead exemption and a $1 million exemption for houses owned by Floridians age 65 and older or who’ve owned a house for 30 years.
“Floridians ought to have the possibility to resolve on actual, lasting property tax reforms,” committee co-chair Rep. Vicki Lopez stated in a press release. “Our committee will convey ahead concepts that defend owners and replicate the realities and wishes going through owners at present.”
Members may even discover authorizing the legislature to make adjustments to homestead exemption legislation. They are going to take into account eliminating the flexibility to foreclose on a homestead property with a property tax lien.
“That is about giving Floridians extra freedom and safety of their houses. We’re dedicated to listening, pondering boldly, and delivering actual options that make a distinction,” committee co-chair Rep. Tony Overdorf stated in a press release.
The brand new choose committee is predicted to convene for the primary time on Might 1.