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Archive for June 15th, 2007

15.06.07 » Florida Property tax relief approved as Legislature adjourns

Capt. Mike Foate

The Florida legislature got something done with regard to the tax issue.

“While the tax reform package passed yesterday is not perfect, it does begin to address some of the inequities in the system,” says John Sebree, Florida Association of Realtors®’ (FAR) vice president of public policy. “Realtors support rolling back property tax rates and capping millage rates in order to provide homeowners and businesses with some much needed property tax relief. We were disappointed that legislators were not able to come to an agreement on the issue of “highest and best use” and how property is appraised. The legislature has pledged to work on this issue with us to secure additional relief.”

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