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Florida State Budget: $1.5 Billion Tax Cut for 2026
Budget DocumentPassedState Governments

Florida State Budget: $1.5 Billion Tax Cut for 2026

Jul 1, 2026

Summary

Governor DeSantis signed a $1.5 billion tax cut package, eliminating the state grocery tax and reducing property taxes for primary residences.

Why This Matters

Provides direct relief to Florida families and maintains Florida's position as a low-tax destination driving population growth.

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Floridatax cutsbudgetstate governmentDeSantis
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