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Everybody Loves Your Money
Everybody Loves Your Money
Business
Brandon Marcus

Florida’s Property Tax Changes Will Make TRIM Notices Easier to Read—Here’s What’s New

New Law Requires Florida Counties to Get Two-Thirds Support for Tax Increases—TRIM Notices Will Look Different
Florida’s new law raises the approval threshold for tax increases to two-thirds support and updates TRIM notices to present property tax details in a clearer, more readable format for homeowners – Shutterstock

Florida lawmakers have approved major changes to the state’s property tax system, and one proposal could eventually require local governments to secure a two-thirds vote before expanding certain property tax exemptions or making related changes. At the same time, homeowners will begin seeing redesigned Truth in Millage (TRIM) notices intended to make proposed property tax changes easier to understand. Together, the updates aim to give taxpayers more visibility into local property tax decisions.

A Higher Hurdle for Tax Increases in Florida Counties

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