The Florida House of Representatives has recently approved resolution HJR 203, which proposes a constitutional amendment aiming to eliminate all property taxes for permanent residents. If this amendment is ratified by voters in the upcoming election on November 3, the changes would come into effect starting fiscal year 2027. The decision has significant implications for property owners and the state's tax structure.

The resolution was passed with a decisive 80 votes in favor against 30 opposed, reflecting a clear partisan divide; all Republican representatives supported the measure while Democrats opposed it. Daniel Pérez, the Speaker of the House, emphasized that this legislative move could mark a historic shift in tax policy in Florida, potentially providing substantial financial relief to many homeowners across the state.

As voters prepare to decide on this significant tax reform, discussions around the implications for public services and local funding have emerged. Proponents argue that eliminating property taxes would stimulate economic growth and make housing more affordable, while critics warn about the potential impact on funding for crucial public services. As the election nears, the debate on this critical issue is likely to intensify, shaping the political landscape in Florida.