Florida Legislature Considers Bill to Eliminate Property Taxes

The Newberry Village Council and the McMillan Township Board have approved tax abatement ordinances for the proposed Newberry Senior Living project, marking a significant step forward after nearly 20 years of discussions. This initiative, supported by the Chippewa Luce Mackinac Community Action Agency and Community Housing Network, aims to utilize low-income housing tax credits to finance the development. In Florida, a new bill is being considered that could eliminate property taxes entirely, shifting revenue to sales-based consumption taxes, as supported by Governor Ron DeSantis and State Senator Jonathan Martin. Meanwhile, in Alabama, House Bill 226 is under discussion to extend property tax exemptions to non-remarried widows or widowers, though there are concerns about the implementation of eligibility criteria. Additionally, a bill in Maryland is being considered to exempt public housing authorities from state tax to increase affordable housing units. These developments reflect ongoing efforts across various states to address housing and taxation challenges.