Tag: property tax

Florida Property Tax Offset Act Targets Rising Insurance Costs for Homeowners

The Florida Property Tax Offset Act proposes linking homeowners insurance premiums to property tax relief, aiming to ease rising insurance and tax burdens for full-time Florida residents and promote housing affordability.

Florida Condo Market Faces Regulatory and Affordability Challenges in 2025

Explore Florida's 2025 condo market challenges including new building safety laws, rising HOA fees, and housing affordability pressures impacting residents and insurance sectors.

Florida Considers Property Tax Exemption Linked to Homeowners Insurance

Florida lawmakers propose HJR 209 to exempt $200,000 of homestead value from non-school property taxes if insured, addressing rising insurance costs and impacting local budgets.

Florida House Advances Proposed Property-Tax Exemption Linked to Property Insurance

Florida House moves forward with a proposed constitutional amendment to increase homestead property-tax exemptions for insured homeowners, raising fiscal and municipal service funding debates ahead of 2026 elections.

Florida Advances Amendment to Raise Property Tax Exemptions for Homeowners

Florida's proposed HJR 209 amendment seeks to increase homestead property tax exemptions, excluding school taxes, with key legislative steps ahead in 2026. Measures include benefits for seniors and tax benefit portability.

Governor DeSantis Proposes $117B Florida Budget Focused on Education, Law Enforcement, and Conservation

Florida's 2026-2027 budget proposal allocates $117B with boosts in education funding, law enforcement raises, cancer research, and environmental programs, setting the stage for legislative negotiations.

Texas Property Tax Proposal Sparks Debate Over Appraisal Caps and Market Impact

Governor Greg Abbott's plan to tighten property appraisal caps aims to reduce property tax unpredictability in Texas but faces criticism from experts citing market distortions and inequities.

New York Boosts Senior Property Tax Exemptions to 65% to Address Rising Costs

New York expands senior property tax exemption to 65%, aiming to ease rising housing and insurance costs for seniors on fixed incomes. Local governments can now increase relief under new legislation.

Rising Healthcare Costs and Inflation Prompt Property Tax Hikes in Pennsylvania Counties

Amid inflation and rising health insurance costs, Pennsylvania counties including Dauphin and York propose property tax hikes to address budget shortfalls and sustain services.

Florida House Advances Property Tax Cut Amendments, Raising Local Funding Concerns

Florida House committee advances constitutional amendments to cut property taxes, sparking debate over local government funding and market impact ahead of 2026 ballot.