Could property taxes change in Florida?

Florida is reviewing property tax options through a new House Select Committee that met this week for briefings on how the system works and to hear local officials’ concerns about service impacts; ideas under study include reducing or possibly eliminating taxes on primary homes—an approach a Florida Policy Institute analysis says would remove about $18.5 billion annually from local governments—while many homeowners note insurance costs are a bigger strain; any changes would ultimately go before voters, with proposals expected on the 2026 ballot. For more information click here.