DeSantis pitches plan to virtually erase Florida property taxes for most homeowners

Gov. Ron DeSantis introduced a property tax proposal to raise the homestead exemption to $250,000 and eventually $500,000, aiming to eliminate property taxes for about 92% of Florida homeowners; he called lawmakers back for a special session to add a ballot amendment and set up a state trust fund to aid local governments during the transition, with passage requiring 60% legislative approval and 60% voter support in November.