Florida Lawmaker Proposes Eliminating Property Taxes with New Revenue Model
Florida state Rep. Ryan Chamberlin introduces a plan to eliminate property taxes, replacing revenue with real estate and travel transaction fees, plus targeted school taxes.
Florida state Rep. Ryan Chamberlin introduces a plan to eliminate property taxes, replacing revenue with real estate and travel transaction fees, plus targeted school taxes.
Florida lawmakers and officials explore property tax reduction strategies balancing homeowner relief with local government revenue needs ahead of a 2025 constitutional vote.
Texas homeowners in 2024 faced rising overall homeownership costs despite a 6.6% drop in property taxes, driven by higher insurance and utilities expenses. Rent growth slowed but remains elevated, with income growth lagging behind.
Louisiana proposes raising homestead exemption limits statewide, allowing parishes to reduce property tax burdens amid rising insurance and living costs. The constitutional amendment awaits voter approval, with fiscal impacts under review.
Indiana's 2025 legislative session results in a balanced budget, $1.3 billion property tax relief, Medicaid reforms, and healthcare cost control measures for insurers and payers.