ORLANDO, Fla. — A new tax package is moving through Florida’s legislature, and it could mean major changes to how you save this year.
The House just passed a $5.4 billion plan that would cut the state sales tax from 6% to 5.25%.
However, unlike recent years, the package doesn’t include any sales tax holidays.
Chairman of the Ways and Means Committee, Rep. Wyman Duggan, said the cut could make a bigger impact for more people.
“We are clearly setting a course and a vision that is going to provide immediate, meaningful relief to every single Floridian that makes a purchase,” Duggan said.
Meanwhile, Gov. Ron DeSantis is still focused on cutting property taxes.
The House and Senate will hash out the final budget over the next month.
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