• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    aave wsteth liquidations oracle

    Aave sees $26M wstETH liquidations after oracle glitch

    bitcoin 2000 btc coinbase outflow

    Bitcoin sees 2,000 BTC Coinbase outflow to new wallet 3CziMF

    brent crude firms on hormuz risk

    Brent crude firms on Strait of Hormuz risk premium

    adnoc ruwais curbs runs drone

    ADNOC Ruwais curbs runs after Abu Dhabi drone incident

    us treasuries 15b buyback today

    U.S. Treasuries await $15B buyback scheduled today

    us iran talks split sanctions

    U.S.-Iran talks split as sanctions relief, buildup loom

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Solana Gains $8.2M Despite Broader Crypto Outflows

    Solana Gains $8.2M Despite Broader Crypto Outflows

    Aave CEO Criticizes Bank of England's Stablecoin Cap

    Aave CEO Criticizes Bank of England’s Stablecoin Cap

    Ripple Expands Custody Services to Ethereum and Solana

    Ripple Expands Custody Services to Ethereum and Solana

    MegaETH Mainnet Goes Live: Launch Details and Expectations

    MegaETH Mainnet Goes Live: Launch Details and Expectations

    Tom Lee Defends Ethereum Crash as V-Shaped Recovery

    Tom Lee Defends Ethereum Crash as V-Shaped Recovery

    Buterin Sells Over $13M Ethereum for Charity

    Buterin Sells Over $13M Ethereum for Charity

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Services
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Event
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Florida homestead taxes move toward repeal as House acts

Noah Carter by Noah Carter
February 21, 2026
in Crypto News
Florida homestead taxes move toward repeal as House acts
Florida homestead taxes move toward repeal as House acts

No, Florida hasn’t ended property taxes; House passed a homestead plan

Florida has not abolished property taxes. The Florida House of Representatives approved a proposal focused on homestead property taxes for owner-occupied homes, but it is not law.

The measure is one of several tax-cut ideas debated this session. The Senate has not advanced a companion plan, as reported by WUSF (https://www.wusf.org/politics-issues/2026-02-20/house-passes-florida-property-tax-reduction-senate-remains-split).

Headlines suggesting a statewide end to property taxes overstate the status of the effort. The next steps are procedural and voter-driven.

What the House plan would change for homestead property taxes

Under the House plan, voters would be asked in a future November election to eliminate most homestead property taxes. The proposal applies to owner-occupied “homesteaded” residences and cleared the House, as reported by CBS News Miami (https://www.cbsnews.com/miami/news/florida-house-advances-bill-that-will-clear-most-home-property-taxes/).

If implemented, the change would shift how local governments fund services, because property taxes are a major revenue source. Analysts have modeled full abolition scenarios: the Florida Policy Institute estimates a $43–$50 billion shortfall for local governments if property taxes were abolished, highlighting the scale of any replacement plan (https://www.axios.com/local/miami/2025/09/24/miami-dade-property-tax-debate-ron-desantis).

Lawmakers and analysts differ on whether such a shift can protect schools and public safety without raising other taxes. In that debate, State Rep. Jervonte Edmonds called the abolition plan “half-baked,” as reported by WFLX (https://www.wflx.com/2025/03/14/florida-property-taxes-unfair-burden-homeowners-or-half-baked-plan-end-them/).

Economists have also quantified the stakes: property taxes raise around $56 billion statewide. Replacing them could require increasing the sales tax by 1–2%, said Dr. Albert Williams of Nova Southeastern University, according to WPBF (https://www.wpbf.com/article/florida-economic-experts-proposed-property-tax-elimination/64054961).

What must happen next: Senate action, ballot, 60% voter approval

For any Florida property tax abolition affecting homesteads to take effect, the Senate would need to take up and pass a measure and align language with the House version. Only then could the proposal move to the statewide ballot as a constitutional amendment.

Under Florida law, a constitutional amendment must receive at least 60% voter approval to pass, as reported by Spectrum News (https://spectrumlocalnews.com/section/storm-season-stories/news/2025/12/03/florida-weighs-property-tax-overhaul-as-lawmakers-debate-major-changes). Without meeting that constitutional amendment 60% voter approval threshold, the measure would fail.

The timing, ballot language, and any safeguards for local services could change during the Senate process or ballot drafting. Until those steps occur, and voters approve by the 60% threshold, Florida has not ended property taxes.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.
Previous Post

Stablecoins await yield deal as March 1 deadline nears

Next Post

Crypto adoption advances on MiCA; tokenization gains ground

Noah Carter

Noah Carter

I have been a blockchain content strategist for the past seven years, specializing in NFT markets, Web3 startups, and emerging metaverse projects. My experience includes working with leading US-based blockchain firms and crypto media outlets. At theccpress.com, I contribute to shaping narratives that drive blockchain adoption and innovation.

Related Posts

Ether sees liquidity risk as BitMine lifts treasury amid dip

Ether sees liquidity risk as BitMine lifts treasury amid dip

by Noah Carter
February 24, 2026

BitMine’s 4.42M ETH (3.66%) and $171M staking income show buying into weakness toward a 5% supply goal, raising liquidity questions...

Crypto.com gains conditional OCC nod for US trust bank

Crypto.com gains conditional OCC nod for US trust bank

by Noah Carter
February 24, 2026

Crypto.com national trust bank charter, OCC conditional approval, World Liberty Financial (WLFI) application: Approval enables federal custody; WLFI scrutiny.

Bitcoin dips on $620M liquidations; open interest near $75k

by Noah Carter
February 24, 2026

Data shows $620M in crypto liquidations in 24h, mostly longs, hitting BTC/ETH and spotlighting $78k–$75k support as open interest clusters...

Bitcoin sees 615M in 24h liquidations across crypto

Bitcoin sees $615M in 24h liquidations across crypto

by Noah Carter
February 24, 2026

About $615M was cleared in 24 hours as price swings triggered crypto liquidations, CoinGlass data shows, with breakdowns by asset,...

Bitcoin faces scrutiny as quantum risk PQC weighed

Bitcoin faces scrutiny as quantum risk, PQC weighed

by Noah Carter
February 23, 2026

Explains the quantum computing threat to Bitcoin: analysts say exposed public keys enable signature attacks; outlines PQC options, upgrades, and...

Fed outlook steadies as Waller links March cut to Feb jobs

Fed outlook steadies as Waller links March cut to Feb jobs

by Noah Carter
February 23, 2026

Chris Waller, February jobs report, March Fed rate cut: January hiring strength argues for patience, making February payrolls the key...

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Event

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.