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FL S0852
Bill
Status
Failed
6/16/2025
Primary Sponsor
Jonathan Martin
Click for details
AI Summary
- Directs Florida's Office of Economic and Demographic Research to conduct a study establishing a framework to eliminate all property taxes under chapters 192–196 of Florida Statutes
- Replacement revenue would come from a combination of budget reductions, sales-based consumption taxes, and locally determined consumption taxes authorized by the Legislature
- Study must analyze the potential impact on public services including education, infrastructure, and emergency services
- Study must assess potential housing market fluctuations, including changes in homeownership rates and property values, and evaluate whether a shift to consumption-based taxes would make Florida more competitive with other states for business attraction
- Report must be submitted to the President of the Senate and Speaker of the House by October 1, 2025, with the act taking effect July 1, 2025
Legislative Description
Study on the Elimination of Property Taxes
Last Action
Died in Community Affairs, companion bill(s) passed, see HB 7031 (Ch. 2025-208)
6/16/2025
Full Bill Text
No bill text available