Video above: Governor Desantis proposes reducing property taxes
TalHassey, Fla. (WFLA) – Florida House lawmakers announced a new select committee on property taxes on Tuesday.
The committee will investigate potential reforms, including the abolition of property taxes, according to a news release.
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The committee will consider policies that require all cities, counties and special wards in the state to hold a referendum that can hamper voters by eliminating property taxes on Homestead’s property. Other potential reforms include a new $500,000 homestead exemption and a $1 million exemption for homes owned by Florida people over the age of 65 or have owned a home for 30 years.
“Floridans should have the opportunity to decide on actual, lasting property tax reform,” committee co-chair Vicki Lopez said in a statement. “Our committee will provide ideas that protect homeowners and reflect the reality and needs facing homeowners today.”
Members will also consider allowing Congress to make changes to the Homestead Waiver Act. They consider eliminating the ability to seize property of Homestead, which has a property tax lien.
“This is about giving Floridians more freedom and safety at home. We are committed to listening, thinking boldly and providing real solutions that make a difference,” said Tony Oberdorf, co-chair of the committee, in a statement.
The new Select Committee is scheduled to be held for the first time on May 1st.
