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property tax cut proposal

Coverage of property tax cut proposal in the Nexus archive.

Earliest in view: Jun 2 · 01:25 UTCMost recent: Jun 2 · 01:25 UTC
Co-mentioned in this coverage
Ron DeSantisperson1Florida Legislatureorganization1Alex Rizoperson1Lori Bermanperson1homestead exemptiontopic1public school fundingtopic1Bryan Avilaperson1
Recent coverage
  • POLITICSJun 2 · 01:25 UTCNBC6 SOUTH FLORIDA
    Florida Legislature approves property tax cut proposal for November ballot

    The Florida Legislature approved a property tax cut proposal during a special session, which will appear on the November ballot requiring 60% voter approval. The plan increases homestead exemptions to $150,000 in 2027 and $250,000 in 2028, excludes school district levies, and lowers annual assessment caps for non-homestead properties. Lawmakers added protections for public school funding and removed a trust fund for rural areas, while Democrats criticized the measure as a threat to local governments.