Lawmakers placing property tax minimize measures on the 2026 state poll have launched seven joint resolutions.
In November, the Home Choose Committee on Property Taxes stated its present tax reduction proposals wouldn’t influence funding income for training and first responders.
The next proposals are:
HJR 213 would change the caps on the Save Our Properties plan, permitting the evaluation enhance at 15% over three years, somewhat than the unique 10%.
HJR 211 removes the $500,000 cap on taxable worth, eliminating the discrepancy between the taxable and market worth.
HJR 209 helps an modification to the Florida Structure to create an exemption from non-school property taxes for $200,000 of the assessed worth of homestead properties or homesteads coated by a complete, multi-peril, property insurance coverage coverage.
HJR 207 creates a non-school homestead exemption equal to 25% of the remaining extra worth after present exemptions are utilized. Throughout Florida, for each $100,000 of assessed worth for a homestead property in an space with a millage fee of 4, the tax financial savings for a home-owner could be $100 for each $100,000 of assessed worth.
HJR 203 would part out non-school advert valorem taxes over 10 years by rising homestead exemptions by $100,000 a 12 months, starting in 2027.
HJR 205 eliminates the non-school property tax for homesteads owned by individuals 65 years of age and older.
HJR 201 would take away all advert valorem taxes related to homesteads besides for varsity bills and legislation enforcement.
HB 215 permits married {couples} to mix their separate save-our-homes portability advantages when establishing a joint homestead as much as the present $500,000 cap. It additionally requires any enhance to the prior 12 months’s adopted millage fee to be accredited by a ⅔ vote of the native governing physique.
All elected Republicans voted in favor of transferring the payments, whereas all Democrats opposed them.
No matter proposal or proposals get accredited by the state Home and Senate for placement on the 2026 poll would nonetheless must move by 60% of voters earlier than turning into a part of the state structure.
