House wants to trim sales-tax holidays, ignore DeSantis’ homeowners break

TALLAHASSEE — A plan proposed by the Florida House Ways & Means Committee on Wednesday would slash consumer sales tax holidays and not include Gov. Ron DeSantis’ call for a temporary waiver of taxes and fees on homeowners’ property insurance premiums. But it would add more tax breaks for businesses. If left unchanged the package would total $647.3 million, or about half the $1.3 billion in tax breaks provided during the current fiscal year. The proposal is not a done deal. House and Senate leaders will negotiate tax cuts as they put together a budget in the next three weeks for the 2024-2025 fiscal year that starts July 1. DeSantis in December unveiled a budget that would include $409 million…

Source: Orlando Sentinel
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