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

Rishi Kapoor sentenced to 11-plus years behind bars for $89M fraud scheme

Cortland sells multifamily complex for $208M as market oversupply shows signs of balancing

Waterfront teardown in North Palm Beach sells for $28M

Fake testimony alleged in Coral Gables development fight

Two small towns gain $880M in taxable value as Palm Beach County luxury spreads to suburbs

Palm Beach County doubling down on data center pause

“Transformational”: What we know about Ken Griffin’s rumored $700M+ purchase of Mana Wynwood

Billionaire Google co-founder Larry Page’s family office quietly leases in Coconut Grove

Stiles greenlit for mixed-use redev of Broward County retail center

Landmaxxing: CEO next door is buyer of $72M Miami Beach mansion

