Posted in Politics

Crist property tax plan

   January 30, 2007

Gov. Charlie Crist announced today significant changes to Florida’s property tax system:

  • Allow homeowners to shift the Save Our Homes tax cap to a new home (portability)
  • Double the homestead exemption to $50,000.
  • Extend the 3-percent Save Our Homes tax cap to businesses and rental properties,
  • Exempt business-owned property worth less than $25,000 from Florida’s tangible personal property tax.
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