Florida lawmakers weigh property tax cuts for homeowners

Florida lawmakers are considering a property tax plan proposed by Gov. Ron DeSantis that could phase out taxes on homesteaded properties by increasing exemptions to $150,000 and $250,000 by 2028. Critics like Jeff Brandes and property appraisers warn the plan may shift costs to renters or increase other fees, while local governments face potential revenue losses. The proposal requires 60% approval from both the House and Senate to appear on the November ballot.