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Kiplinger
Kiplinger
Business
Gabriella Cruz-Martínez

Did Florida’s Chance at $1,000 in Property Tax Rebates Vanish?

Welcome to Florida sign with palm trees behind it.

Florida homeowners' much-needed property tax relief will have to wait.

The Florida House Ways and Means Committee unanimously approved a measure to permanently reduce the state sales tax from 6% to 5.25%. Other sales taxes for commercial rent, new mobile homes, coin-operated amusement machines, and electricity would also be cut by a 0.75% rate.

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