Welcome to

Capitol News Service

Florida's Best Political Television Coverage


Visit the Lobby Tools Website


Visit Legislative IQ Website


Recent Posts



RSS Capitol News LIVE

RSS Quote of the Day

  • Epicurus
    "It is not so much our friends' help that helps us, as the confidence of their help."
  • James Baldwin
    "People are trapped in history and history is trapped in them."
  • Alexis de Tocqueville
    "There are many men of principle in both parties in America, but there is no party of principle."
  • Stewart Udall
    "We have, I fear, confused power with greatness."

Voters to decide on higher homestead exemption

May 1st, 2017 by Mike Vasilinda

Florida Voters will be able to vote themselves a higher homestead exemption. By a vote 0f 28-9, the Senate approved a resolution for the 2018 ballot raising the homestead exemption from 50 to 75 thousand dollars. Critics argued local governments would have to cut services if the increase is approved, but supporters say the owner of a 150,000 dollar house would save about five hundred dollars a year.

“Five hundred dollars to fix their boat, or go fishing with, or take a family vacation with. what’s wrong with our constituents having an opportunity for a middle class tax cut? “ asked Senator Wilton Simpson.

The measure will appear on the 2018 ballot. 60 percent of those voting would have to say yes for the tax break to take effect in 2019.

Posted in State News | No Comments »

Comments are closed.

copyright © 2016 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com