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Governor on Property Tax Cut Bandwagon

October 11th, 2007 by Mike Vasilinda

Governor Charlie Crist today embraced proposals by House and Senate
Leaders to give property tax relief to first time home buyers, seniors,
businesses and working water fronts. The ideas were suggested by
lawmakers after the Governor circulated a draft that contained only a
doubling of the Homestead and the concept of Portability, which lets
homeowners take their Save Our Homes credits with them when they move.
Crist calls portability the best feature of the new plan.

“Portability, giving homeowners the opportunity to go to the next home,
making sure that they don’t feel trapped in their home. You know, as we
went around the state last year, over and over I kept hearing from
people that they literally felt trapped in their own home,” Crist said. “They couldn’t
take their three percent, Save Our Home cap with them. With portability
they will have that freedom.”

Lawmakers are expected to approve the plan next week and send it to
voters for a January 29th ballot. This plan replaces one ruled
unconstitutional by a judge last month.

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