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The official bill calls for a $150,000 homestead exemption in 2027, followed by a $250,000 exemption in 2028. The legislature would then be tasked with creating a long-term plan for the following years.
While many applaud the proposal, cities are chiming in, wondering what will happen when they lose that income.
DeSantis called for the Legislature to convene Monday to consider his proposal.
Miami-Dade County Commissioner Vicki Lopez said essential services would remain the top priority, but added that the debate could push governments to reevaluate their responsibilities.
Hialeah Mayor Bryan Calvo released more information on the program during a Wednesday morning news conference.
Any change to the property tax system would have to be approved by voters in November, and it seemed unlikely the House plan was going to be approved by the Senate.
The median property tax bill in the U.S. soared 30% between 2019 and 2024, compounding the financial pressures on millions of Americans.
If 60 percent of voters approve the measure, it would take effect in the 2027 tax year, but the Senate has not advanced anything similar yet.
The House Ways & Means Committee voted 10-4 along party lines to limit the cap from 3% increase a year to 3% increase over 3 years.
For more than a year, Gov. Ron DeSantis has said he wants to do away with all homesteaded property taxes, arguing homeowners should not have to pay rent to the government.
As the Florida Senate continues to ponder an approach to lowering property taxes, House committees on Thursday advanced two tax-cut proposals that could go before voters.
Jim DeFede discusses Governor Ron DeSantis' eighth and final State of the State address with House Speaker Danny Perez.
A House proposal that would ask voters to phase out non-school homestead property taxes moved forward Thursday, as lawmakers and Gov. Ron DeSantis try to reach an agreement on a November ballot measure.
Proposed constitutional amendments aimed at reducing property taxes for Florida homeowners are continuing to move through the House, despite concerns about how they could hit funding for local services.
A Florida state lawmaker is advancing a proposal that would allow homeowners aged 65 and older who benefit from the homestead exemption to stop paying local property taxes
Several proposals that would eliminate or reduce some Florida property taxes have started making their way through the House in Tallahassee on Thursday.
Property taxes are sure to come up at the 2026 legislation session, which convenes in early January.
DeSantis late Wednesday dismissed a series of proposed constitutional amendments released last week by the Florida House to cut property taxes.
Florida lawmakers are considering sweeping proposals to cut or eliminate property taxes on homesteaded properties, a move that could bring relief to homeowners.
Florida's legislature is looking at a few proposals that could impact property taxes, lowering, eliminating, or phasing them out and offering exemptions. All of it is on the table.
Jim DeFede goes one-on-one with State Representative Vicki Lopez, who chairs a committee examining changes to the property tax system that will likely appear on the 2026 ballot.
With a Florida House panel finishing a two-day review of property-tax issues, city and county officials defended their financial management.
Gov. Ron DeSantis is pushing lawmakers to put a proposed constitutional amendment on the 2026 ballot to reduce or eliminate taxes on homesteaded properties.
The House Select Committee on Property Taxes is tentatively scheduled to meet during the afternoon of Sept. 22
Tomás Regalado said the county's slowing real estate market no longer justifies higher tax bills.
Two people inside the aircraft faced only minor injuries, according to first responders.
We'll see similar patterns increasing everyday through next weekend.
Candace Tucker thought her symptoms were benign. A colonoscopy led to an alarming diagnosis.
A Laos rescue organization said that the water level inside the cave had receded enough for the four miners to leave with divers.
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
We'll see similar patterns increasing everyday through next weekend.
Two people inside the aircraft faced only minor injuries, according to first responders.
A Laos rescue organization said that the water level inside the cave had receded enough for the four miners to leave with divers.
The NEXT Weather team shares expert advice on how to prepare for a potential storm.
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
President Trump's physician said in a letter released Friday that the president is in "excellent health," following a physical earlier this week at Walter Reed National Military Hospital.
The strikes are part of a monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
Enrique Tarrio said since President Trump announced the formation of the fund, he has been inundated with calls from others convicted for January 6 related activities.
Commissioners voted to allow the review, saying if that was the only way to move the project - designed to help people with mental illnesses caught in the criminal justice system - then so be it.
Enrique Tarrio was sentenced to 22 years in prison for his role in planning and orchestrating the attack on the Capitol on January 6, 2021.
The only remaining roadblock: Miami Dade County Commission Chairman Anthony Rodriguez, who has so far refused to say when – or even if – he will allow the full commission to vote on it.
A group of Miami residents, including historian Marvin Dunn, filed suit last week in federal court to block the transfer of land for the proposed library.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Federal prosecutors have indicted ex-Miami Heat guard Terry Rozier on additional charges related to a sports gambling sting.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
Stephen Colbert hosted "The Late Show" for the final time Thursday night as the franchise came to an end after 33 years.