DeSantis Moves Florida Toward Phased Homestead Tax Elimination in Special Session

Gov. Ron DeSantis announces a June Special Session to push a phased plan that could eventually end Florida’s homestead property tax. The plan starts with raising the homestead exemption to $150,000 in 2027 and to $250,000 in 2028, then a timetable to fully eliminate the tax contingent on voter approval and a 3/5 legislative vote. It shields local governments with protections and a trust fund to cover core services, avoids new offset taxes during the transition, and imposes a five-year homestead tax requirement on newcomers to curb benefits for movers. An implementing session post-election will finalize mechanics, with broad public support indicated in polls.