Bill > H0149

This bill, titled the "Freedom 1: Property Tax Relief Rollback for All Floridians Act," establishes specific limitations on county and school millage rates for the 2027-2028 fiscal year. The legislation requires that both county and school taxing authorities set their millage rates (property tax rates) at a level that will generate the same amount of ad valorem tax revenue as they collected during the 2022-2023 fiscal year. This means that even if property values increase, the total tax revenue collected cannot exceed the amount collected five years earlier, effectively creating a tax revenue cap. The bill includes a built-in sunset provision, meaning the restrictions will automatically be repealed on January 1, 2029, and the act is scheduled to take effect on July 1, 2026. By constraining tax revenue growth, the bill aims to provide property tax relief for Florida residents by preventing automatic tax increases due to rising property values.

Budget and Finance

https://www.flsenate.gov/Session/Bill/2026/149