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FLORIDA - A renewed push to eliminate property taxes on primary residences is gaining attention in Florida, setting up a major policy debate ahead of the 2026 election cycle.
The proposal would require a constitutional amendment and approval from at least 60% of voters statewide.
Supporters say property taxes place a long term financial burden on homeowners, particularly seniors and those on fixed incomes, and argue that eliminating them would provide lasting tax relief.
Under current law, property taxes are a primary funding source for counties, cities, school districts, and special districts.
These revenues support public education, law enforcement, fire rescue, infrastructure, and local government operations.
State and local officials caution that removing this funding stream could create a multibillion dollar budget gap unless replaced by other taxes or fees.
Legislative leaders have signaled interest in property tax reform but remain divided on full elimination.
Some lawmakers favor expanding homestead exemptions instead, which would reduce taxable property values while preserving some revenue for local governments.
Proposals under discussion include raising the exemption significantly above its current level.
Fiscal analysts estimate that eliminating property taxes statewide could reduce local revenues by tens of billions of dollars annually.
To offset those losses, the state could face pressure to increase sales taxes or shift costs to other revenue sources.
Economists have also noted that removing property taxes could lead to higher home prices by increasing demand.
The Florida Legislature is expected to continue debating multiple tax reform options during upcoming sessions as policymakers decide whether any proposal will advance to the statewide ballot.
