With Florida Amendment 3’s victory, Gov. DeSantis eyes a special session
DeSantis said the session will set the timetable for larger homestead exemptions and block local governments from offsetting the cut with other taxes.
- On Wednesday, Florida Governor Ron DeSantis announced he will convene a special legislative session before January to implement Amendment 3, the property tax cut approved by voters Tuesday with 62% support.
- Amendment 3 increases the homestead property tax exemption from $50,000 to $150,000 in 2027, then to $250,000 in 2028, providing relief to homeowners facing high housing costs and inflation.
- Cities and counties are bracing for a $5 billion revenue shortfall in the first year, with potential losses reaching $12 billion annually by 2031, prompting concerns from officials like Oviedo Mayor Magen Sladek.
- DeSantis promised to establish a "pool of funding" for grants to local governments and proposed legislation to limit cities and counties from "doing an end run around the amendment" through alternative taxation.
- Governor-Elect Byron Donalds plans to change how the Florida Education Finance Program funds public schools to offer districts more spending flexibility, while DeSantis hinted the Legislature might rewrite the formula next year.
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In Special Session, DeSantis Wants to Prevent Local Governments from Finding New Revenue
DeSantis wants a special session, in part, to prevent local governments “from doing an end-run around the amendment and taxing them in other ways.” Lawmakers skeptical of the amendment and local leaders from around the state questioned how governments will function with the decreases in revenue, and some insisted that shifting taxes, perhaps through fee-based government, could be the only way to maintain services.
Bay News 9
Spectrum News 13Florida lawmakers to decide how Amendment 3 property tax relief will work
Florida lawmakers will decide how to implement Amendment 3 property tax relief as local governments prepare for budget impacts.
After property tax cut victory, DeSantis eyes special session; calls midterm results a 'meteor strike'
Gov. Ron DeSantis told reporters Wednesday he’ll convene a special legislative session in the next two months to install the large property tax cut approved by voters Tuesday evening. At a press conference in the state Capitol, DeSantis said he would work with the Legislature on the timing of the session, but it would be before his second term ends in early January.
DeSantis wants special session to implement 'taxpayer bill of rights'
One of the last actions Gov. Ron DeSantis wants done before leaving office in January is to implement a “taxpayer bill of rights” via a special legislative session, he said Wednesday. He established that expectation during a news conference following passage Tuesday of Amendment 3. The specific date for the session is up to the […]
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