![Tax package has sales tax ‘holidays,’ small cut to property insurance premiums](https://aveholidays.com/wp-content/uploads/2024/02/dollar_bills.jpg-scaled.jpg)
TALLAHASSEE — The Florida Senate on Thursday rolled out a tax break package that includes offering sales-tax “holidays” and a small discount on property insurance premiums. The proposal, which would trim state and local revenue by $439.6 million in the 2024-2025 fiscal year, is a companion to a proposed $117.46 billion budget lawmakers are poised to pass Friday. “We have some very good items in this tax package,” Senate Finance and Tax Chairman Blaise Ingoglia, R-Spring Hill, said. Insurance tax credits would lead to 1.75 percent savings on residential property insurance premiums. Ingoglia said average savings are projected at $60 per household, rising to $75 for residents who also have flood coverage. Floridians have seen property insurance rates soar in…