Property Taxes

Gov. Ron DeSantis has made a large property tax cut ballot measure central to his message in his last year in office, and on Wednesday he signed two bills in line with that priority.

If voters approve the property tax cut on the November ballot, cities, counties and special taxing districts will lose nearly $5 billion in the first year, and nearly $12 billion in the fifth year, according to projections developed by state economists Friday.

Two former local elected officials and a nonprofit group filed suit Thursday in Leon County Circuit Court against the property tax cut amendment placed on the November ballot by lawmakers, alleging it is misleading.

Lawmakers on Tuesday approved a sweeping tax cut for homestead property owners pushed by Gov. Ron DeSantis, sending it to the November ballot.

Democrats warned the measure could "bankrupt" local governments. If approved by the Legislature, it will appear on the November ballot.

Gov. Ron DeSantis is calling for the Legislature to convene Monday to consider his proposal, which, if they approve it, would appear on the November ballot. At least 60% of voters would need to support the measure for it to take effect.

A proposal asking voters in November to eliminate most homestead property taxes cleared the House Thursday, while the Senate has yet to advance a similar measure.

The Okaloosa Legislative Delegation heard from constituents Monday night in Shalimar.

A proposed constitutional amendment that would increase the homestead property-tax exemption for residents who have property insurance is ready to go to the Florida House after the 2026 legislative session starts in January.

In the latest installment of the University of South Florida's Debate-A-Bull speaker series, a panel of experts discussed the prospect of nixing state property taxes.