Florida lawmakers to consider DeSantis' property tax proposal during special session

Florida lawmakers are considering Governor Ron DeSantis' proposal to exempt up to $250,000 of a home's taxable value for homesteaded properties, aiming to eliminate property taxes for 60% of homeowners. Critics warn cities may struggle to fund services like fire and police departments, while DeSantis claims a state trust fund would address this. The proposal requires three-fifths approval from the Florida House and Senate and 60% voter approval if placed on the November ballot.