summary
Introduced
02/18/2025
02/18/2025
In Committee
02/28/2025
02/28/2025
Crossed Over
Passed
Dead
06/16/2025
06/16/2025
Introduced Session
2025 Regular Session
Bill Summary
An act relating to a study on the elimination of property taxes; requiring the Office of Economic and Demographic Research to conduct a specified study; specifying the requirements of such study; requiring the office to submit a report to the Legislature by a specified date; providing an effective date.
AI Summary
This bill requires the Office of Economic and Demographic Research (EDR) to conduct a comprehensive study on eliminating property taxes in Florida, which currently exist under chapters 192-196 of Florida Statutes. The study must analyze the potential impacts of replacing property taxes with alternative revenue sources like consumption taxes and budget reductions. Specifically, the EDR must evaluate the consequences of eliminating property taxes on public services (including education, infrastructure, and emergency services), housing market dynamics, business attractiveness, and overall economic stability. The study must examine how removing property taxes might affect homeownership rates, property values, consumer behavior, and long-term economic growth. By October 1, 2025, the EDR is mandated to submit a detailed report of their findings to the Florida Senate President and House Speaker. The bill is set to take effect on July 1, 2025, providing a clear timeline for this significant fiscal research initiative.
Sponsors (2)
Last Action
Died in Community Affairs, companion bill(s) passed, see HB 7031 (Ch. 2025-208) (on 06/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2025/852 |
| BillText | https://www.flsenate.gov/Session/Bill/2025/852/BillText/Filed/HTML |
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