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Property Tax Relief Bill Dies In House Committee

TALLAHASSEE (CBSMiami/AP) – A measure which would have offered homeowners some relief by slashing local property taxes has died in a House committee.

The bill (HJR 1289) would have shifted the tax burden to businesses and other non-homestead properties. Opponents argued it amounted to the Legislature "bullying" local governments.

Supporters say the proposed "super exemption" would help cure inequities among homeowners created by the existing Save Our Homes amendment. One advocate noted it would be a step toward eliminating property tax and replacing it with a sales tax increase.

Voters still will get a chance to cut property taxes through another proposal lawmakers already have placed on the November ballot. Amendment 4 includes a smaller super exemption for homeowners and relief for non-homestead properties.

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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