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The House and Senate will vote on the package next week along with a budget for 2025-26. The plan is projected to reduce state and local government revenue by about $1.3 billion next fiscal year.
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The House speaker and Senate president issued memos that indicated they expect to pass a budget for the 2025-2026 fiscal year on June 16.
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The House and Senate don't seem close on a budget deal. The House and Gov. Ron DeSantis don't seem close, period.
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In the survey of 1,200 Floridians taken in April, 46% said they support eliminating property taxes while 32% supported reducing sales taxes.
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This week on The Florida Roundup, we spoke with Rep. Vicki Lopez, who is the co-chair of a new House select committee that will consider proposals aimed at reducing property taxes. We also spoke with an abortion provider in North Florida about the impact of Florida’s 6-week ban and more.
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House Speaker Daniel Perez, who favors a state sales-tax rate cut, said Senate President Ben Albritton backed out of a “historic tax proposal” that the leaders outlined last week.
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The Legislature will either stay in Tallahassee past the May 2 deadline or come back later to get the job done. A key issue: tax cuts.
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Ben Albritton announced his chamber will release a compromise package that includes adding clothes and shoes under $75 to the list of products exempted from sales tax.
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The proposal would reduce the state sales tax from 6% to 5.25%, affecting billions of dollars annually. Gov. Ron DeSantis argues that lawmakers should focus on property tax relief instead.
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Gov. Ron DeSantis and Florida House Speaker Daniel Perez are at odds over whose tax cut proposal is best.
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Removing property taxes would weaken local governments and kill the source of most school district funding in Florida, according to the Florida Policy Institute.
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Florida gun owners could save money this summer.