HB 1707 to Double property taxes

[tis]

Originally Posted by John Mercier

Maybe.
He may be noticing that a lot of people can no longer afford their properties after a generation or two as the market value rises beyond the point of covering the carrying costs.

Probably thought this was a means to stop the demand to keep assessments in check.

Homestead Exemptions are happening in every States, and he may be just following along with DeSantis and the others.
Suggesting age or party affiliation with the issue is just a matter of ignoring the macro environment.

So you think having a homestead exemption is going to save people a lot of money? Maybe on a $100,000 dollar home but there aren't too many of them around any more.

[John Mercier]

Originally Posted by tis

So you think having a homestead exemption is going to save people a lot of money? Maybe on a $100,000 dollar home but there aren't too many of them around any more.

The bill is an open-ended homestead exemption.