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Senate Republican explores elimination of property taxes

Summary by The Capitolist
Florida lawmakers will examine the potential elimination of property taxes under legislation filed this week by Sen. Jonathan Martin. The bill, SB 852, directs the Office of Economic and Demographic Research (OEDR) to study how the state could replace property tax revenue through alternative means, such as sales-based consumption taxes or budget reductions. The study will evaluate the financial impact of eliminating property taxes, which fund pu…

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News Service of Florida broke the news in Tallahassee, United States on Tuesday, February 18, 2025.
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