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Senate to Offer Property Tax Fix

March 6th, 2007 by Mike Vasilinda

While the Governor says he just wants property tax relief and doesnt care how its done, as long as it is meaningful, state lawmakers are wrestling with the details of how to lower taxes and not bankrupt local governments. Sen. Mike Haridopolos of Brevard County has been traveling the state listening to residents in more than a dozen public hearings and he says the devil will be in the details.

How would smaller cities and smaller counties be affected by this? Would they see a dramatic hit like we have concerns about doubling the homestead exemption to 50 thousand dollars? Those numbers just arent in yet.says the Brevard County Senator.

The house has proposed raising the sales tax and eliminating a good portion of property taxes. The senate says it will have its plan out in a couple of weeks.

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