Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, April 6
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»As DeSantis and House spar, Perez plots course for property tax cuts
    Property

    As DeSantis and House spar, Perez plots course for property tax cuts

    April 29, 20254 Mins Read



    ‘The governor has not yet come forward with any specific answers,’ House Speaker Perez said. ‘If the House wanted to get this done, they would have,’ a DeSantis spokesman shot back.

    play

    House Speaker Danny Perez delivers a stunning rebuke to DeSantis

    The Florida Legislature nixed the governor’s special session and created their own, solely focused on immigration.

    • Florida House Speaker Daniel Perez announced a select committee to review property tax cut proposals.
    • The move follows disagreements with Governor DeSantis on property tax cuts and other issues.
    • The committee will consider various options, including raising homestead exemptions and changing assessment caps.

    A group of House members will review and propose plans to cut property taxes next year, House Speaker Daniel Perez said April 29.

    Perez, R-Miami, said he’s setting up a select committee to study the potential impact of four different plans for reducing or keeping property taxes low.

    The move comes amid a clash between Perez and Gov. Ron DeSantis on a range of issues, including cutting property taxes.

    In his remarks, Perez chided DeSantis for floating the idea of eliminating property taxes entirely – but not submitting a detailed plan to do so, or to make up the revenue for local governments that rely on the more than $50 billion in revenue for vital services.

    “If property taxes go away, how would local governments pay for the services we expect local government to provide, like police, fire and infrastructure?” Perez said. “Unfortunately, as the weeks have gone by, the governor has not yet come forward with any specific answers to those questions or with a specific plan or with actual bill language.”

    Talk of tax-cutting underlies much of session this year

    DeSantis has in recent months bemoaned what he sees as the unfairness of property taxes, saying the need to pay annual property taxes was akin to borrowing the property from the government instead of owning it outright.

    He said he’d like to eliminate them entirely, but in lieu of that has called on lawmakers to put a state constitutional amendment on the 2026 ballot to drastically cut property taxes, including for residential homeowners.

    DeSantis also laid out a plan to reduce property taxes this year without the need for a ballot measure by backfilling the revenue from the portion of property taxes that goes toward public schools while eliminating that piece of the tax for owners of homes with a homestead exemption. DeSantis said it would save owners on average $1,000.

    But that plan wasn’t included in either the House or Senate budget.

    DeSantis “is also committed to working with the Legislature to get this done this session,” DeSantis spokesman Bryan Griffin posted on X. “If the House had wanted to get this done, they would have.”

    Lawmakers also haven’t advanced measures for the 2026 ballot to dramatically reduce property taxes, and the regular legislative session is set to end May 2. Instead, House and Senate budget negotiators are deadlocked over how much to cut taxes. The crux of the dispute is over sales tax cuts.

    Perez wants an overall reduction in the sales tax, from 6% to 5.25%. Senate President Ben Albritton, R-Wauchula, is concerned such a large cut, which would cost about $5 billion in revenue each year, would leave the state unable to pay for education, health care and other services as the state continues to grow.

    Albritton says he prefers to eliminate sales taxes on clothing items under $75.

    Ideas include increasing homestead exemption

    The House and Senate haven’t entered into formal budget negotiations, meaning the 60-day session will need to go into overtime to resolve the differences in the spending plans.

    The House select committee will be lead by Reps. Toby Overdorf, R-Palm City, and Vicki Lopez, R-Miami; Perez hasn’t named the rest of the panel.

    Perez laid out five possible avenues for property tax changes:

    • Requiring all local governments to hold referendums on eliminating homestead property taxes.
    • Raising the homestead property tax exemption from $50,000 to $500,000 for non-school taxes, with a $1 million exemption for homestead owners over 65 who have had a homestead in Florida for 30 years.
    • Allowing the Legislature to raise the homestead exemption by law instead of needing a constitutional amendment.
    • Hardening existing caps on annual increases in assessments by making the 3% cap for homestead properties apply every three years and by raising the 10% cap for non-homestead properties to 15% per year.
    • Banning the government from foreclosing on a homestead property for unpaid taxes.

    “These proposals … are intended to be a spring board for the committee’s work,” Perez said. “They are a starting point – not an end goal.”

    Gray Rohrer is a reporter with the USA TODAY Network-Florida Capital Bureau. He can be reached at grohrer@gannett.com. Follow him on X: @GrayRohrer.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleLes ETFs Bitcoin enregistrent des gains tandis que le marché des dérivés reste prudent
    Next Article Les principales cryptomonnaies progressent ; le Bitcoin dépasse les 95 000 dollars

    Related Posts

    Property

    A loft conversion is the key to boosting your property value

    April 5, 2026
    Property

    Newport property for sale in ‘prime’ residential area

    April 5, 2026
    Property

    Landlords invited to free Strood event by Dockside Property Services covering Renters’ Rights Act

    April 5, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Bitcoin Treasury Watch: les vendeurs de café, les fabricants de puces et les financiers de Londres font des mouvements de la BTC

    July 2, 2025
    Finance

    Finance expert warns income tax rise at Autumn Budget could hit pensioners and self-employed

    October 31, 2025
    Bitcoin

    Bitcoin, Ethereum crash as Crypto liquidation hits $708 million 

    August 2, 2025
    What's Hot

    How Much? The amazing value of the UK’s housing stock 

    February 21, 2025

    Le nouveau modèle Bitcoin prédit 444 000 $ d’étape d’ici juin 2026 sous des contraintes d’offre

    June 17, 2025

    Falling commodity prices are indicating there is trouble brewing with the economy

    August 12, 2024
    Most Popular

    Why USA Rare Earth Stock Stock Crashed This Week

    August 21, 2025

    Philippine Stock Exchange Inc conclut un accord d’achat d’actions avec Tata Consultancy Services Asia Pacific

    April 14, 2025

    Brace For A ‘Frenzy’—Legendary Billionaire Predicts ‘Massive’ Price Boom As Bitcoin Suddenly Soars

    October 8, 2025
    Editor's Picks

    La plus grande banque russe Sberbank lance des obligations basées sur le Bitcoin (BTC)

    June 3, 2025

    Michael Saylor Predicts Capital To Flow From Gold to Bitcoin Amid Tariff Rumors

    August 8, 2025

    Got $1,000? Should You Buy Bitcoin or Cardano?

    March 8, 2026
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.