Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Local House members join committee to explore property tax cuts
    Property

    Local House members join committee to explore property tax cuts

    May 3, 20252 Mins Read


    FORT WALTON BEACH — Florida House Speaker Daniel Perez has appointed Rep. Patt Maney, R-Shalimar, and Shane Abbott, R-DeFuniak Springs, to the newly formed Select Committee on Property Taxes, which will examine possible proposals to cut property taxes in Florida.

    The committee convened for the first time May 1 and will explore changes to Florida’s property tax system amid a simmering dispute between the House, Gov. Ron DeSantis and Senate leaders over tax-cut proposals. DeSantis has floated the idea of eliminating property taxes completely. But in announcing the committee, Perez chided the governor for not coming up with a specific plan to do so, or to replace tax revenue local governments depend upon for services such as fire, police and infrastructure.

    Proposed measures include significant new homestead exemptions — up to $500,000 for general homeowners and $1 million for seniors or long-term residents — as well as limits on tax assessments and potential elimination of property taxes on primary residences through voter referendums.

    “We’re on the hunt and everything is on the table,” Maney said in a statement. “Florida’s families deserve meaningful relief from their tax burdens.”

    Maney, a retired judge and Army general, said he was honored by the appointment and committed to tackling a ” challenge.”

    Other ideas under review include allowing the Legislature to expand exemptions by general law and ending foreclosures on homestead properties from unpaid property taxes. Many of the committee’s proposals could require constitutional amendments, meaning Florida voters would have the final word.

    Reps. Toby Overdorf, R-Palm City, and Vicki Lopez, R-Miami, will co-chair the committee, which is expected to continue its work throughout the now extended legislative session.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Four quick and easy DIY tricks to boost your property value by nearly £30k

    Property

    2 Middle TN cities ranked among 15 best real estate markets in US: WalletHub

    Property

    Property expert reveals the everyday item that could reduce your home’s value by £85,000

    Property

    Criminals funnelling dirty money into UK pushing up London property prices

    Property

    Knights expands property team for Cardiff launch

    Property

    Grand Designs ‘saddest ever property’ finally sells – but owner won’t get a penny

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    USDA expands Climate Smart Commodities program for pork producers

    Stock Market

    Stock Market LIVE Updates: Sensex, Nifty off highs; Bank, Consumer, broader markets maintain lead | News on Markets

    Commodities

    Why has Montana’s energy fallen behind? • Daily Montanan

    Editors Picks

    Au cœur du tiers-lieu ZAÏ, la métallurgie rallume l’espoir et les projets collectifs dans ce village de l’Ariège

    May 4, 2025

    LSL Property Services prévoit une nouvelle croissance de ses bénéfices en 2025

    May 27, 2025

    REITs in Hindenburg: How investors can make profit from real estate investing

    August 13, 2024

    Jordanian citizen charged for attacking Florida solar energy plant

    August 15, 2024
    What's Hot

    Wall Street’s Greatest Dividend Stock Just Made History Again — and 99.9% of Investors Have Never Heard of This Small-Cap Company

    February 28, 2025

    70000TONS OF METAL, the original, the world’s biggest heavy metal cruise, is back for 2026 with another incredible lineup

    August 19, 2025

    New Cryptocurrency Releases, Listings, & Presales Today – DeCenter AI, Razor, Traceon AI

    May 12, 2025
    Our Picks

    Atteint de la maladie de Parkinson, le parrain du metal Ozzy Osbourne a fait ses adieux à la scène

    July 7, 2025

    Commodities Feed: Risk on after US and China lower tariffs | articles

    May 12, 2025

    Gold and other precious metals are leaking from the earth’s core

    June 2, 2025
    Weekly Top

    What’s the best Crypto to buy in August? This new Cryptocurrency could deliver 5x ROI bypassing ETH 2x

    August 24, 2025

    Your energy drink habit may lead to debilitating nerve damage – and it takes far less than you’d think to reach a toxic overdose

    August 24, 2025

    Which Cryptocurrency Is More Likely to Be a Millionaire Maker? Dogecoin vs. Solana

    August 24, 2025
    Editor's Pick

    70-80% of BTC and ETH commodities are non Securities CFTC

    July 11, 2024

    Inside story of the ‘well off’ teacher and pop star accused of squatting in a $2million home – and how it CAN be done… with Bill the property developer laughing all the way to the bank

    August 22, 2025

    Power Up Your Income: 3%+ Dividend Yield & Positive Stock Returns – Part

    April 9, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.