Florida Bill Proposes In-Depth Study on the Feasibility of Abolishing Property Taxes in the State

Correction: The headline of this article previously inaccurately claimed that the bill would eliminate all property taxes upon passage. It has been rectified to accurately reflect the revised bill’s provisions.

TAMPA, Fla. — Florida lawmakers are considering the possibility of exploring the elimination of all property taxes and compensating for lost revenue through a consumption tax, pending a potential study, as per the Florida Senate.