Florida House, Senate Approve Competing Budgets Amid Tax Cut Disputes

The Florida House and Senate have passed proposed budgets that differ by billions, prompting negotiations to reconcile their spending goals before the legislative session ends on May 2. The Senate's budget proposal totals $117.36 billion, while the House's comes in at $112.95 billion, which includes a tax package aimed at reducing the overall sales tax rate. Senate President Ben Albritton and House Speaker Daniel Perez express optimism about reaching a compromise, with Albritton suggesting a less aggressive sales tax exemption for clothing and shoes. Governor Ron DeSantis has advocated for property tax breaks and other tax reforms, but some lawmakers, like Rep. Mike Caruso, argue that the House's proposed sales tax cut may not adequately benefit residents. The negotiations highlight a significant divide between the proposed tax strategies and fiscal approaches of the two chambers. Both sides are hopeful for an agreement that balances their differing priorities in time for the new fiscal year beginning July 1.