Property Taxes Bounce

The Florida House and Senate still haven’t agreed on property taxes. They failed last spring to decide on a tax plan. A judge threw out their constitutional amendment. The pressure is on for the Republican-controlled legislature to get its act together.

The St. Pete Times has a good article today on the debate.

A Republican-controlled House committee offered two dramatic changes that would:

-Extend the 3 percent Save Our Homes cap to all nonhomestead properties, despite a lack of detail on the cost.

-Cut the school portion of property taxes in half, but pay for it by increasing the sales tax by 1 cent.

Either provision could be a deal breaker in the Senate – which did some tinkering of its own by slashing a property tax break for poor seniors, setting up a clash with the House.

Read Plan eludes befuddled lawmakers