FLORIDA 2026

Florida Property Tax Elimination: Gov. DeSantis’ 2026 Plan & What Homeowners Face

For two years, Florida Governor Ron DeSantis has pushed to eliminate property taxes entirely. In 2026, the proposal is hotter than ever — but can it actually pass? Here is the latest timeline, replacement math, and exclusive insights for Florida property owners.

Updated: February 13, 2026 · 8 min read

What Is the Florida Property Tax Elimination Proposal?

In early 2025, Governor Ron DeSantis shocked budget hawks by openly supporting florida property tax elimination — not just cuts. The current 2026 legislative session sees HB 73/SB 106 (dubbed the "H.O.M.E. Act") proposing to phase out ad valorem taxes on all homestead and non-homestead real estate by 2029. Unlike previous relief bills, this is a full elimination, estimated to remove $42 billion in annual local revenue.

The bill is co-sponsored by 18 House Republicans, yet faces fierce opposition from counties, school boards, and special districts. Florida eliminating property taxes would require a constitutional amendment (60% supermajority) and a replacement revenue stream — the core deadlock in 2026.

Timeline: How We Got Here (2024–2026)

Nov 2024 DeSantis mentions “creative ways” to kill property taxes during campaign stops.
Jan 2025 First draft of property tax elimination bill filed; no replacement plan → stalls.
Sept 2025 DeSantis directs Revenue Task Force to study sales-tax expansion & budget swaps.
Jan 2026 Revised 2026 bills introduced: proposes 1.5¢ state sales tax hike + services tax to replace 60% of lost revenue; 40% local cuts.
Feb 2026 Three committee hearings scheduled; vote expected mid-March.

How Would Florida Replace $42 Billion?

The 2026 proposal leans on a mix:

Florida Property Tax Elimination: Before & After

If the 2026 bill passes the Legislature and voters approve in November, here's how a typical homeowner fares:

Scenario Median Home Value (FL) Annual Property Tax Sales Tax Rate Net Savings (est.)
2025 – Current $410,000 $3,485 6.0%
Elimination (proposed 2029) $410,000 $0 7.5% + services tax ~$1,200/year *

* Assumes household spends $70k/year on taxable goods/services; net after higher sales tax. Actual savings vary widely.

The Great Debate: Pros, Cons & Chances

Why eliminate?

  • Make Florida the only no–property tax state, attracting residents/investors.
  • Relief for seniors on fixed incomes.
  • Remove disincentive to improve homes.

Why oppose?

  • Local services defunding (schools, EMS).
  • Regressive: sales tax hits lower incomes harder.
  • Legal hurdles: 60% voter approval required.

Exclusive: 2026 Florida homeowner checklist

Don't wait for elimination — prepare now:

  • Check if your county offers installment plans
  • Apply for homestead exemption (if not done)
  • Review your TRIM notice for errors
  • Estimate your potential savings using Bhumi’s acre calculator
  • Follow bill tracking: HB 73 / SB 106
  • Contact your local legislator before March hearing

Most analysts predict elimination odds at 35% for 2026; higher for 2028.

Will Florida Eliminate Property Taxes? 2026 Prognosis

Despite DeSantis’ influence, the florida property tax elimination bill faces near-insurmountable opposition from the Florida Association of Counties and the League of Cities. Senate President Albritton stated Feb. 10: “The replacement plan is unfinished.” Our take: low chance (30-40%) this session. However, if placed on Nov. 2026 ballot, voters might approve — polling shows 57% support when services cuts aren’t highlighted.

Frequently Asked Questions – Florida Property Tax Elimination

No — not yet. Bills are under committee review; even if passed, voters must approve a constitutional amendment in November 2026. Earliest elimination would be 2027 or phased by 2029.

Governor DeSantis supports eliminating all ad valorem property taxes. The 2026 draft bill (HB 73) phases out taxes over 3 years and replaces revenue via sales tax expansion and state budget reallocation.

The current proposal shifts school funding to state sales tax revenues and increases the minimum state funding per student. Critics say it’s unstable and could lead to per-pupil cuts.

Yes — but your lender would adjust escrow. You’d no longer pay property taxes, but escrow may still collect for insurance. Monthly payments would drop significantly.

The homestead exemption would become irrelevant because tax liability is zero. However, the exemption might remain on books in case elimination is later repealed.

Texas and New Hampshire have studied similar measures, but Florida is the only state with active 2026 legislation. No other state has come this close.
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