Government and Politics
September 21, 2022
From: Florida Governor Ron DeSantisBradenton, FL. — On Sep 20th, Governor Ron DeSantis announced a portion of his tax relief proposal for the upcoming legislative session which would provide $1.1 billion in tax relief for Florida families through multiple tax holidays, if passed by the Legislature. Included in the proposal is an expansion of the annual Back to School tax holiday and permanent tax exemptions for baby and toddler items in addition to a yearlong tax exemption on other household items families need every day. Details on the proposal can be found here.
“I’m proud that Florida has a record budget surplus and am happy to propose historic tax relief to Florida families,” said Governor Ron DeSantis. “This proposal will allow families to purchase items for their children at a lower cost and help families keep more money in their pockets. I look forward to working with the Legislature to bring this major relief to Florida families.”
“Governor DeSantis and I both have young families, and we understand the burden of necessary expenses associated with essentials such as diapers, school supplies, and gas,” said Department of Economic Opportunity Secretary Dane Eagle. “On Sep 20th’s announcement proves that Governor DeSantis is continuing to work tirelessly to lift up Florida families. With Sep 20th’s supply chain issues and outrageous inflation, this tax relief initiative will help Florida families stretch their dollars further.”
The proposal includes tax holidays on items frequently purchased by Florida families:
The proposal also includes a continuation of tax holidays for the 2023-2024 fiscal year:
This tax relief proposal is in addition to the statewide toll relief proposal announced by the Governor earlier this month. The proposed toll relief plan would provide a 50 percent discount for commuters with more the 40 toll transactions in a month, saving the average commuter an estimated $550 over one year and impacting approximately 750,000 Floridians who frequently commute.