Florida Property Taxes Could Change Forever: What Homeowners Need to Know
Florida lawmakers have entered a special session to discuss one of the most significant property tax proposals in state history. Governor Ron DeSantis is supporting a plan that would increase Florida’s homestead exemption and create a path toward reducing or potentially eliminating property taxes on primary residences in the future.
The proposal includes:
✅ Higher Homestead Exemptions for Florida homeowners
✅ Additional property tax relief for primary residences
✅ Protection measures for local government services
✅ Potential long-term reduction of property taxes for eligible homeowners
Nothing has been approved yet. Lawmakers must first place the amendment on the ballot, and Florida voters would then need to approve it with at least 60% of the vote.
If passed, this could impact homeowners, buyers, investors, and the overall Florida real estate market for years to come.
Raily Property Solutions
Raily A. Feliciano Martinez
Your Realtor For Kissimmee and Orlando (Central Florida).
Se habla español.
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