Proposed solutions include redistributing a portion of the sales tax collected at EV charging stations to the STTF and adopting a hybrid approach that combines higher registration fees with targeted EV taxes. These proposals aim to ensure that all drivers contribute their “fair share” toward maintaining Florida’s transportation infrastructure in the face of rapid technological change.
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Florida TaxWatch's latest report reviews FDOT's highway landscaping expenditures, which exceed $200 million annually. While the beautification projects provide key benefits like reducing erosion and enhancing safety, the report questions the lack of a spending cap. It explores potential legislative changes to optimize taxpayer investment. Download the full report for insights into these recommendations and the future of Florida’s highway landscaping policies.
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The 2024 Florida Legislative Session Wrap-Up offers a concise yet thorough review of the session's key outcomes. With a $117.5 billion budget, over $1 billion in tax relief, and nearly $10 billion in reserves, the Legislature addressed crucial issues in healthcare, education, insurance, and the environment. The report provides an insightful overview of the bills and budget items that passed, as well as notable legislation that failed to advance, making it an essential resource for understanding the current state of Florida policy and its implications for residents and taxpayers.
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The gap between Florida’s infrastructure needs and what Florida currently has is nearly $2.59 trillion over ten years. By year 2039, a continued underinvestment in Florida’s infrastructure at current rates will have serious economic consequences — $10 trillion in lost Gross Domestic Product (GDP), more than 3 million lost jobs, and $2.4 trillion in lost exports. Two creative solutions are public-private partnerships (PPPs) and public-public partnerships (PUPs). Why then, are there not more PPPs and PUPs?
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Florida TaxWatch is pleased to present taxpayers with a guide to the FY2022-23 state budget, which went into effect July 1, 2022. The report includes all appropriations for the new fiscal year— the General Appropriations Act (GAA), “back-of-bill” spending, and general bills—net of the Governor’s vetoes.
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Critical for Florida’s continued innovation, growth, and diversification, international trade must be a key priority in the dynamic post-pandemic economy.
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The 2022 legislative session is over, even if it ran a little long. Florida TaxWatch and the state’s taxpayers had a number of successes. Many bills and budget issues supported by our research and recommendations passed. Our research and input that raised concerns with legislation, helped to improve them or fail passage, including changes to the tax audit system and a very costly approach to improving data privacy
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The Infrastructure Investment and Jobs Act (IIJA),1 signed by President Biden on November 15, 2021, will make a significant investment in the nation’s transportation system and other infrastructure. Billions of dollars will be distributed to the states for a wide range of projects, including all modes of transportation, broadband, cyber security, water infrastructure, energy, climate change, resiliency, and pollution mitigation. Florida will get a sizable chunk of these funds.
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With more than 8,400 miles of coastline and a flat, low-lying coastal topography, Florida is especially vulnerable to the effects of sea level rise. Tens of thousands of Florida homes and businesses are at increased risk from sea level rise. Much of Florida’s critical infrastructure is at low elevations, designed and built with little consideration of future sea level rise. The physical effect of changing climate translates into real economic impacts.
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Florida recently began one of the largest transportation infrastructure projects in modern Florida history: the Multi-use Corridors of Regional Economic Significance (M-CORES) program.
While much remains unknown about the specifics of the Suncoast Parkway (including the exact route of the road) this Florida TaxWatch report examines the potential costs and long-term financial challenges and obligations of constructing the Suncoast Connector portion of the M-CORES program. Essentially, this analysis focuses on the need for, cost of, and revenue potential from the Suncoast Connector toll road as an expansion of Florida’s Turnpike System.
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When completed, the new Brightline train will pass through the Treasure Coast region of the state without any planned stops. This has prompted local governments in the Treasure Coast region to pursue legislative and legal remedies in an attempt to derail Brightline. This report looks at these actions, and whether they are in the taxpayers best interest.
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There are very few products or services that impact, in one way or another, nearly every consumer
in the United States. One product that does is gasoline. This Economic Commentary focuses on the impact of the reduction in oil prices on the U.S. and Florida consumers.
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