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Event Brief

Florida proposal would cut homestead property taxes

A new Florida proposal would expand the homestead exemption, aiming to reduce property tax bills for Tampa homeowners by 2028.
WHO: Florida homeowners, including Tampa resident Jeff James; Florida state lawmakers
WHAT: A proposed expansion of the homestead exemption to eliminate homestead property taxes by 2028
WHEN: May 31, 2026 at 11:49 PM ET
WHERE: Tampa, Florida
WHY: Current property tax rates have become unaffordable for seniors on fixed incomes, prompting a push to expand the homestead exemption.

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