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Governor DeSantis speaks in Tampa
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2,567 views157likes57:08fox13tampaOriginal Release: 2026-05-28

Florida Governor Ron DeSantis announced a special legislative session to place a property tax initiative on the November ballot, which would make homestead properties tax-free through a phased approach: initially raising the homestead limit to $250,000 (eliminating property tax for 60% of Florida homeowners) and then raising it to $500,000 (covering 92% of Florida residents). The proposal includes constitutional restrictions limiting remaining property tax revenue to core services (schools, police, fire), small business valuation increase limits reduced to 5%, and a state trust fund to support local governments for essential services.

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