WEBVTT

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closes on June 12th. And at
that point, we will know who is

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that point, we will know who is
running in which district live

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running in which district live
in Miami Gardens. I’m Steve

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in Miami Gardens. I’m Steve
Litz NBC 6 news. You’re going

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Litz NBC 6 news. You’re going
to see people have more money

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to see people have more money
in their pockets. Governor Ron

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in their pockets. Governor Ron
DeSantis is in town taking time

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DeSantis is in town taking time
to tout his plan that will

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to tout his plan that will
lower property taxes for

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lower property taxes for
millions of Floridians in just

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millions of Floridians in just
a couple of days. We are away

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a couple of days. We are away
from a special legislative

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from a special legislative
session where state lawmakers

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session where state lawmakers
are expected to work on a deal.

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are expected to work on a deal.
NBC 6 politics reporter Hatzel

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NBC 6 politics reporter Hatzel
Vela is live in the newsroom

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Vela is live in the newsroom
with details on an idea that’s

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with details on an idea that’s
getting a whole lot of

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getting a whole lot of
attention. Hatzel. And it makes

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attention. Hatzel. And it makes
sense, right? It’s getting so

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sense, right? It’s getting so
much attention, right? Jackie

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much attention, right? Jackie
we talked to a lawmaker who

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we talked to a lawmaker who
says the governor has not sent

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says the governor has not sent
a detailed proposal, but the

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a detailed proposal, but the
newly filed Senate bill gives

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newly filed Senate bill gives
us a sense of what is being

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us a sense of what is being
proposed. It’s hard to argue

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proposed. It’s hard to argue
against it. Once again,

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against it. Once again,
Governor Ron DeSantis is

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Governor Ron DeSantis is
pushing his plan to reduce

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pushing his plan to reduce
property taxes. In Florida,

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property taxes. In Florida,
lawmakers didn’t pass the regula

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lawmakers didn’t pass the regula
the governor to call next

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the governor to call next
week’s special session.

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week’s special session.
Proposed plan focuses on

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Proposed plan focuses on
homesteaded properties, meaning

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homesteaded properties, meaning
someone’s primary residence.

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someone’s primary residence.
The plan calls for exempting

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The plan calls for exempting
$250,000 of taxable value in

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$250,000 of taxable value in
your home. That means if your

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your home. That means if your
home is assessed at $400,000,

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home is assessed at $400,000,
you would only be taxed on

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you would only be taxed on
$150,000. The governor says

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$150,000. The governor says
this would eliminate property

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this would eliminate property
taxes for 60% of homeowners in

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taxes for 60% of homeowners in
Florida. This passes. You are

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Florida. This passes. You are
going to see the economic base

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going to see the economic base
get stronger. You’re going to

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get stronger. You’re going to
see people have more money in

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see people have more money in
their pockets. In the State

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their pockets. In the State
Senate, we’re now seeing a bill

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Senate, we’re now seeing a bill
that was filed, but is slightly

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that was filed, but is slightly
different than what the

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different than what the
governor’s proposed. In the

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governor’s proposed. In the
proposed Senate bill. You would

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proposed Senate bill. You would
get up to $150,000 exempted

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get up to $150,000 exempted
from property taxes starting

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from property taxes starting
this January. Then in 2028,

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this January. Then in 2028,
that would increase to $250,000.

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that would increase to $250,000.
The Senate proposal, as well as

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The Senate proposal, as well as
the governor’s proposal,

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the governor’s proposal,
creates a five year waiting

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creates a five year waiting
period for people moving to

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period for people moving to
Florida. After January of 2027.

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Florida. After January of 2027.
New residents would initially

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New residents would initially
receive only a 50,000 exemption,

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receive only a 50,000 exemption,
which is what every Florida

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which is what every Florida
homeowner gets now. Getting rid

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homeowner gets now. Getting rid
of property taxes often raises

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of property taxes often raises
the question how cities and

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the question how cities and
counties will fund services

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counties will fund services
like fire and police. The

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like fire and police. The
governor says the state will

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governor says the state will
set up a special trust fund to

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set up a special trust fund to
help with that. Hialeah already

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help with that. Hialeah already
has a similar program where 21%

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has a similar program where 21%
of the residents are not paying

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of the residents are not paying
property taxes. The program

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property taxes. The program
only applies to seniors 65 and

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only applies to seniors 65 and
older. Here is their mayor. You

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older. Here is their mayor. You
need good coordination between

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need good coordination between
the state and the local

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the state and the local
governments that are going to

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governments that are going to
be impacted. What worries me is

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be impacted. What worries me is
that we haven’t really seen

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that we haven’t really seen
that conversation occur yet. So

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that conversation occur yet. So
what happens next? Well, next

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what happens next? Well, next
week the legislature has to

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week the legislature has to
pass in both houses two thirds

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pass in both houses two thirds
to get this approved. Right.

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to get this approved. Right.
And then voters during an

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And then voters during an
election would have to also