Florida Property Tax-cut Plan - Take 2

Panel advances 2nd property tax-cut plan | floridatoday.com | Serving Brevard County and Florida’s Space Coast


Ok, we just passed an amendment just over a month ago and they are ALREADY proposing new amendments to repeal part of it. I wish someone would make up their mind!

Proposal A
A phased in 25% super exemption (instead of a fixed amount exemption) (half the first year, full the 2nd year)
A phased out 0.5% sales tax increase to replace some lost money (for 3 years)
If your current save our homes cap is better than the "super exemption" you can keep it somehow.

Proposal B
Somehow it would cut taxes by 25%
Repeal the requirement for property tax for schools
Replace money with a permanent 1% sales tax increase (and repeal of sales tax exemption)

Both Plans
Keep the 3% cap on increased for primary homes
Lower the new 10% cap on other property to 5%