Florida Voters Could Decide Major Property Tax Cuts on 2026 Ballot
WFTV • • nation
Key Points:
- Florida voters may have the chance to decide on statewide property tax cuts in the 2026 ballot, supported by Governor Ron DeSantis and gaining momentum in the legislature.
- The House State Affairs Committee approved a proposal to increase the homestead exemption by $100,000 annually for the next ten years, with the goal of eliminating non-school property taxes by 2037.
- CFO Blaise Ingoglia emphasized the need to curb local government spending, reflecting taxpayer frustration over repeated tax increases and government financial demands.
- The Florida Senate has not yet finalized its stance on property tax reductions, and discussions are expected to continue as local governments evaluate their budgetary requirements.
