Beyond the Headlines
Florida lawmakers are meeting in Tallahassee for a special legislative session focused on one of the most consequential tax debates in recent state history: Gov. Ron DeSantis’ proposed overhaul of Florida’s property tax system that would eliminate most property taxes on homesteaded homes across the state. The special session is scheduled to run from June 1 to June 3, 2026.
The governor has argued that rising property tax bills are placing an increasing burden on homeowners. Gov. Ron DeSantis' proposal would exempt up to $250,000 of a home’s taxable value for homesteaded properties, meaning a person’s primary residence. The proposal would increase Florida’s homestead exemption from the current $50,000 to $250,000 in 2028. If approved by voters, lawmakers would also be required to create a plan to eventually raise the exemption to $500,000.
The proposal could appear on the November ballot if it receives approval from at least three-fifths of both the Florida House and Senate. The constitutional amendment would need 60% voter approval.
For many homeowners, the proposal could mean significant savings. Critics of the plan say the tax overhaul will take away billions now spent on schools, cities, and counties including money spent on core government functions such as police and first responders.
If you or someone you know is thinking of flocking to Florida, we can help crunch the numbers in the context of this property tax cut proposal.
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