Florida Residents Could Soon Get Property Tax Relief
The push for a solution to end high property taxes could lead to significant tax cuts in the Sunshine State next year.
It’s no secret that Florida property tax bills are on the rise, but that might change in the new year.
Gov. Ron DeSantis has repeatedly called for a “concrete proposal” on the state’s 2026 ballot to reduce or eliminate property taxes. Voters must approve any major changes to the Florida property tax system with a 60% “yes” vote.
However, some local officials argue that eliminating the property tax in Florida is problematic, particularly since jurisdictions rely heavily on property taxes to fund school, health and other public service programs.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Here’s more of what you need to know about where things stand with Florida property taxes.
Property tax relief proposals in Florida
As Kiplinger reported, DeSantis first proposed eliminating Florida property taxes in February of this year. Even though the proposal is facing legal hurdles and disagreements, a demand for some form of property tax relief has gained enough public interest to justify the formation of a legislative committee.
The Florida House Select Committee on Property Taxes has been tasked with reviewing property tax relief proposals for the upcoming year.
Among the considered proposals for Florida property tax relief:
- Eliminating the state’s property taxes. This is perhaps the most highly debated proposal, as a significant alternative funding source would have to be found (more on that below).
- Broadening the “portability” provision for an existing tax break. Although homeowners can already transfer their Save Our Homes (SOH) (PDF) tax savings from a former homestead to a new one when they move, a potential proposal would increase the allowable transfer amount.
Earlier this year, state lawmakers proposed bills that would raise the recently increased Florida homestead exemption from $50,000 to $75,000 (and one bill proposed raising it to $100,000). Another idea from DeSantis was to offer Florida residents a $1,000 property tax rebate. Yet, all three proposals failed to pass.
Florida property taxes: Necessary or a ‘waste?'
The property tax reform committee has heard objections from some Florida city and county officials against proposed property tax breaks.
During a hearing in September, Casey Cook, chief of legislative affairs at the Florida League of Cities, stated, "Waste is in the eye of the beholder. Nobody likes paying taxes, but safe isn't free. Clean isn't free."
Cook’s remark was in response to DeSantis and other top state officials, who have levied allegations of “waste, fraud and abuse” against Florida localities in recent months. DeSantis claims local spending waste is contributing to soaring property taxes in the Sunshine State.
Many local officials, however, note that increased property tax bills are a result of inflation and higher property values, rather than increased tax rates.
Other locals are reportedly concerned about a "one size fits all" mentality when it comes to state property tax relief.
Cragin Mosteller of the Florida Association of Counties shared with ABC7 News that counties are willing to work with lawmakers on property tax relief, but that reform should consider the unique needs of each community.
Mosteller added, “If you think about the things, whether that’s public safety, fire service, libraries … all of those things are paid for with your property taxes.”
Florida property tax cut funding
Florida collects roughly $43 billion annually in property tax revenue. This funding covers essential taxpayer services, such as public safety, schools, infrastructure and parks.
To make a large-scale property tax cut work, an alternative funding source must be found. The 2025 Florida property tax relief debate has led to several proposals to fund tax cuts:
- An initial state budget draft suggested diverting Florida’s “bed tax” to compensate for property tax cuts. But the proposal wasn't incorporated into the 2025-2026 budget due to potential harm to tourism marketing and promotion efforts.
- Another proposal suggested hiking the state’s sales tax to compensate for lost property tax revenue. However, Florida would need to double its sales tax rate to 12%, according to the Florida Policy Institute.
The next state House hearing is this month. Lawmakers will actively pursue a formal property tax relief proposal with a target goal by November or December 2025. If formalized, the proposed legislation could appear on Florida’s November 2026 ballot.
Stay tuned.
Read More
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Kate is a CPA with experience in audit and technology. As a Tax Writer at Kiplinger, Kate believes that tax and finance news should meet people where they are today, across cultural, educational, and disciplinary backgrounds.
-
3 Ways to Stretch the 2026 Social Security COLA For Your BudgetThree steps retirees can take to stretch the Social Security COLA to fit their budgets.
-
How to Keep Your Charitable Giving Momentum Going All YearInstead of treating charity like a year-end rush for tax breaks, consider using smart tools like DAFs and recurring grants for maximum impact all the year.
-
Uber Takes Aim at the Bottom Lines of Billboard LawyersUber has filed lawsuits and proposed a ballot initiative, in California, to curb settlements it claims are falsely inflated by some personal injury lawyers.
-
New 2026 Tax Change Could Mean More for Your IRA and 401(k) SavingsRetirement Savings Here's how the new IRS inflation adjustments will increase the contribution limits for your 401(k) and IRA in the new year.
-
Capital Gains Tax Quiz: How Well Do You Really Know IRS Investment Tax Rules?Quiz Take our capital gains tax quiz to test your investment taxes knowledge. Learn about loss rules, holding periods, and tax incentives that could impact your savings.
-
6 Tax Reasons to Convert Your IRA to a Roth (and When You Shouldn't)Retirement Taxes Here’s how converting your traditional retirement account to a Roth IRA can boost your nest egg — but avoid these costly scenarios.
-
Could Tax Savings Make a 50-Year Mortgage Worth It?Buying a Home The 50-year mortgage proposal by Trump aims to address the housing affordability crisis with lower monthly mortgage payments. But what does that mean for your taxes?
-
3 Ways High-Income Earners Can Maximize Their Charitable Donations in 2025Tax Deductions New charitable giving tax rules will soon lower your deduction for donations to charity — here’s what you should do now.
-
Another State Bans Capital Gains Taxes: Will More Follow in 2026?Capital Gains A constitutional amendment blocking future taxes on realized and unrealized capital could raise interesting questions for other states.
-
Emergency Tax Bill Ends $6,000 Senior Deduction and Tip, Overtime Tax Breaks in D.C.Tax Law Here’s how state tax conformity rules could immediately raise your income tax liability.
-
New RMD Rules: Can You Pass This Retirement Distributions Tax Quiz?Quiz Take our RMD quiz to test your retirement tax knowledge. Learn about RMD rules, IRS deadlines, and tax penalties that could shrink your savings.