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Florida Politics: Winners and losers emerging from the 2021 Legislative Session

Florida TaxWatch — It’s safe to say the nonpartisan watchdog is a winner. Several of their long-standing priorities got top billing this year, including e-fairness, which President and CEO Dominic Calabro and his team have been outspokenly championing since the internet was little more than a series of tubes. Better yet, the online sales tax bill delivered on three other TaxWatch priorities: refueling the re-employment trust fund, slashing the business rent tax, and a technical fix to modernize the sales tax process, changing the estimating process to a rounding rather than bracket system. FTW also provided key backup in the fight for COVID-19 liability protections. Their research — timely and thorough, as always — paved the way for the passage of SB 72 back in March. Their pandemic economic recovery recommendations made over the summer, their quick-turnaround economic impact of the data privacy bill (which the Legislature used to craft a better and more targeted final product), and the critical questions they asked about the controversial M-CORES toll road plan adds the repeal to its pile of victories. Clearly, Florida TaxWatch is a force to be reckoned with.

In on the win: Taxpayers, who can trust FTW, will make sure the hard-earned money they send to Tallahassee is being used responsibly.

 

Originally Published in Florida Politics.

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Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

The Florida Legislature is meeting in special session to consider Governor DeSantis’ proposed constitutional amendment and linked legislation to provide significant property tax relief to Florida homeowners. The proposal has many provisions, but the main ones would increase the homestead exemption to $150,000, beginning January 1, 2027, and then increase it to $250,000, beginning January 1, 2028. This exemption will apply to all property taxes. In addition, the cap on the annual increase in the assessment of non-homestead properties would be reduced from 10% to 5%, but this change would not apply to school property tax levies. Any property taxes remaining after the changes would be restricted to being used solely for core services such as public safety, education, infrastructure, debt, and retirement benefits.

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