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Property Tax Caps Pass First House Panel

Rep. Matt Gaetz (R-Shalimar)
Florida Channel

A House panel has unanimously approved a measure limiting property tax increases. 

The House Finance and Tax Committee okayed a bill revising how roll back rates work.  Committee Chair Matt Gaetz (R-Shalimar) says it’s used to calculate the property tax rate that would keep revenue steady.

“There was an establishment of a roll back rate, but the roll back rate was not fixed to any reality that existed at that time,” Gaetz says. “It was instead affixed to an expectation of what the rate could be.”

The measure would tie roll backs to actual tax receipts rather than the total a municipality could’ve collected.  An identical bill in the senate is awaiting its first hearing.

Nick Evans came to Tallahassee to pursue a masters in communications at Florida State University. He graduated in 2014, but not before picking up an internship at WFSU. While he worked on his degree Nick moved from intern, to part-timer, to full-time reporter. Before moving to Tallahassee, Nick lived in and around the San Francisco Bay Area for 15 years. He listens to far too many podcasts and is a die-hard 49ers football fan. When Nick’s not at work he likes to cook, play music and read.