DeSantis pushes to kill property taxes for most Floridians in special session

by TRD Staff

Gov. Ron DeSantis’ campaign promise to wipe out property taxes is moving forward as a proposal that could significantly slash revenue across the state heads to lawmakers. The Republican governor proposed a special legislative session for lawmakers to deliberate raising the homestead exemption on primary residences from $50,000 to $250,000, which would lower tax bills for 60 percent of Floridians, according to comments DeSantis made during a news conference reported by Bloomberg. The exemption would gradually increase to $500,000 and cover 92 percent of homeowners. The measure would require approval from 60 percent of state lawmakers and 60 percent of […]

This article originally appeared on The Real Deal. Click here to read the full story.

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