Property Tax Deal In Sight

TALLAHASSEE, Fla. – June 11, 2007 – We have a deal. Senate President Ken Pruitt (R-Port St. Lucie) and House Speaker Marco Rubio (R-Miami) announced that they’ve reached an agreement to cut property taxes in Florida.

It’s a complicated, two-step formula that would offer moderate relief this year and greater relief next year. Homesteaded owners win most, but commercial interests also benefit. Details will be discussed starting June 12th, the first day of the Florida Legislature’s special session, with a vote possible before the scheduled end on June 22.

Posted on 12 June 2007

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