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Florida House Advances Bill that Will Clear Most Home Property Taxes Which if Approved Will Take Effect in 2027

The Florida House passed a proposal to eliminate nearly all non-school homestead property taxes, potentially cutting $14.8 billion annually from local government revenue, pending voter approval.

Summary by CBS News
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.

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Bay News 9 broke the news in Saint Petersburg, United States on Thursday, February 19, 2026.
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