Florida Lawmakers, amid budget discussions, agreed to include $200 million in federal stimulus money to grant Florida Gov. Ron DeSantis’ (R) request for a state gas tax break. House Appropriations Chairman and State Rep. Jay Trumbull (R-Panama City) and Senate Appropriations Chairwoman and State Sen. Kelli Stargel (R-Lakeland) made the agreement late Wednesday night.
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The Florida House passed HB 7071, which would codify four new sales-tax holidays for Floridians. The bill was passed unanimously and was championed by Florida House Speaker Chris Sprowls (R-Palm Harbor) as the “coolest tax package.”
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Florida lawmakers continue to be in budget conference reconciling differences between House and Senate budget proposals. So far, numerous agreements and billions of dollars have been agreed upon.
The Florida House approved a $105 billion budget and the Florida Senate approved a $108 billion budget.
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Republican state lawmakers on Thursday said they introduced what would be the single-largest tax cut package in Florida history.
As Floridians, and all Americans, pay more for every day purchases due to surging inflation and depleted supply stemming from supply chain issues, some lawmakers are seeking to reduce the state’s tax burden.
The package, submitted to the House Ways and Means Committee, would reduce sales taxes and property taxes for some Floridians and expand several tax holidays.
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Amid the rising cost people across the country are paying at the pump, Florida Governor Ron DeSantis announced Monday his proposal for $1 billion in gas tax relief, which will be discussed by state lawmakers during the legislative session of 2022.
According to DeSantis Office, if approved, the proposal – or as stated, “gas tax holiday” – would save up to $200 on average per family.
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