Summary
A proposal in Florida aims to eliminate property taxes on homes by 2027, while keeping taxes that fund schools. The plan, backed by Governor Ron DeSantis, would need approval from the Florida legislature and voters. Critics worry it could lead to reduced local services or increased sales taxes.
Key Facts
- The proposal is called HJR 201 and was filed by State Representative Kevin Steele.
- It aims to remove property taxes on homes, except for taxes funding school districts.
- Governor Ron DeSantis supports the proposal but has criticized multiple plans on the ballot as excessive.
- The proposal needs a three-fifths majority in the state legislature and 60% voter approval to pass.
- Real estate experts believe eliminating property taxes could negatively affect local funding, especially in rural areas.
- The proposal, if passed, would feature on the ballot for either the next general or a special election.
- Currently, eight property tax relief plans are being considered, with HJR 201 the only one suggesting a total removal of property taxes.
