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A proposal to replace property taxes |
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Written by Tom Leser
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Tuesday, 20 February 2007 |
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Representative Needelman files “Property Tax Elimination Act”
Proposed ballot initiative would eliminate property taxes,
Property Appraisers Offices
TALLAHASSEE – In an effort to provide relief to Florida property owners beleaguered by rising taxes Representative Mitch Needelman (R-Melbourne) on Monday introduced the “Property Tax Elimination Act,” a ballot initiative that, if approved by voters, would repeal all property taxes including, Personal Property Tangible Taxes.
HJR 909 would replace all Property Taxes with a General Sales Tax. HJR 909 would also restrict counties, cities, and other Taxing Authorities to annual increases not to exceed 3% or the Consumer Price Index (CPI).
This joint resolution also has an escape clause that elected taxing authorities can use during emergencies, such as natural disasters, that would allow an additional sales tax increase of up to $.03 within their jurisdiction upon approval by super majority vote and a citizens’ referendum.
“People of the State of Florida have been asking for tax relief and fairness for years, and this bill will give them the opportunity to express through a Constitutional Ballot Initiative.”
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Last Updated ( Thursday, 01 March 2007 )
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