Summary
Florida lawmakers are discussing ways to address rising housing costs. Republicans aim to tackle high property taxes, while Democrats focus on reducing home insurance premiums. Several bills propose changes to stabilize insurance rates and protect homeowners.
Key Facts
- Florida lawmakers are working on solutions to reduce housing costs.
- Republicans want to address high property taxes due to increased home values.
- Democrats propose focusing on reducing home insurance premiums.
- Florida's home insurance market faced a crisis from 2019 to 2022 with high premiums.
- State Democrats have introduced a six-bill package to lower insurance costs.
- This package includes bills to monitor insurance practices and protect consumers.
- One proposal includes tax breaks for impact-resistant home improvements.
- Another proposal would prevent insurers from denying coverage based solely on the age of home roofs.
