Florida Adds Portability to Its Save Our Homes Tax Relief Measure and Inflation Protection for Nonhomestead Real Property

Sonnier, Blaise M.; Lassar, Sharon S.
September 2008
Journal of State Taxation;Sep/Oct2008, Vol. 26 Issue 6, p23
Academic Journal
The article discusses tax relief measures adopted by Florida in 2008. Changes that are passed in the state include remedies to some of the disparities resulting from the "Save Our Homes" tax relief provisions and tax relief provision to owners of nonresidential real property. An overview of the state's property tax on real estate and homestead exemption is also discussed. Furthermore, it forecasts the impact of unexpected decline in real estate values to the state's tax system and economy for the coming years.


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