DeSantis wants property tax reform, end to business rent levy

(The Center Square) – Gov. Ron DeSantis delivered his annual State of the State speech in Tallahassee, praising lawmakers for passing immigration legislation and asking them to work on possibly reforming property taxes and eliminating the state’s business rent tax.

DeSantis praised lawmakers for devoting more time and effort to addressing insurance reforms, saying automobile insurance rates are going down between 6% and 10.5% for the state’s three largest providers. He also said a new property insurer has entered the state’s market and also said last year that Florida had the lowest increase in rates nationally. He also urged them to appropriate additional money for the My Safe Florida Home, which helps homeowners make their houses more storm-ready and receive property insurance relief.

The second-term Republican governor even got in a dig on a Canadian boycott of the Sunshine State over President Donald Trump’s immigration and tariff policies.

“We continue to set tourism records. 2024 saw more than 142 million visitors to our state,” DeSantis said. “This includes 3.3 million visitors from Canada. Not much of a boycott. Maybe they wanted to get a glimpse of what a Stanley Cup-winning hockey team (the Florida Panthers) looks like.”

After a three-week battle between legislative leaders and DeSantis in January, the governor offered nothing for praise for legislative leaders after they passed legislation in a third special session in as many weeks.

- Advertisement -

“No state has done more, and no state did it sooner than we did in Florida,” DeSantis said. “Thanks to the recent legislation, it is now a crime to enter Florida illegally, the days of catch and release are over and all state and local law enforcement have a duty to assist in interior immigration enforcement efforts.

“The voters have spoken and Florida has responded. We will be part of the solution, not part of the problem.”

DeSantis made a pitch on reform to the state’s property tax, which was ranked by the nonprofit Tax Foundation 28th nationally. There is already legislation dealing with property taxes, with the biggest being House Joint Resolution 357, which would put a measure on the ballot to exempt up to $100,000 of a home’s value from assessment.

For it to become part of the state’s constitution, it would need 60% or more of voters to approve it if HJR357 is signed into law by DeSantis.

“You buy a home, pay off a mortgage – and yet you still have to write a check to the government every year just to live on your own property?” DeSantis said. “Is the property yours or are you just renting from the government? I know members of the Legislature are studying the issue in anticipation of formulating a proposal to place on the 2026 ballot to provide constitutional protections for Florida property owners.

“Please know you have my support.”

- Advertisement -

Lawmakers reduced the state’s tax on commercial rentals from 4.5% to 2% this past session, but DeSantis wants them to completely sunset it. He also wants tax holidays for marine fuel and ammunition purchases.

“Florida remains the only state in America to tax business rent – and while we have reduced the rate of the tax it is time to eliminate it,” DeSantis said.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Bill to cap University of Wisconsin resident tuition increases set for vote

(The Center Square) - A Wisconsin Assembly committee is...

Audit: Coastal Plains town not guilty of improprieties

(The Center Square) – A referral linked to a...

CDL licensure, release of information cited in lawsuit against New York

(The Center Square) – Information about whether the New...

Trump admin to define banking privacy laws

The Trump Aainistration is set to revisit regulations on...

Constitution Pipeline’s waiver request gets pushback in New York

(The Center Square) – Developers of the long-contested Constitution...

Menefee Secures Historic Texas Congressional Victory

(AURN News) — Democrats scored a major victory in...

Lawmakers discuss budget, spending, tax credits as Illinois Senate returns

(The Center Square) – The Illinois Senate Appropriations Committee...

More like this
Related

Bill to cap University of Wisconsin resident tuition increases set for vote

(The Center Square) - A Wisconsin Assembly committee is...

Spokane proposes ‘immigration enforcement free zones,’ citing hopes to ‘combat ICE’

(The Center Square) - The Spokane City Council proposed...

Audit: Coastal Plains town not guilty of improprieties

(The Center Square) – A referral linked to a...

CDL licensure, release of information cited in lawsuit against New York

(The Center Square) – Information about whether the New...