2008 sessions of the Florida Legislature begins

TALLAHASSEE, Fla. – March 5, 2008 – Similar goals, diverse tactics: On the first day of the 2008 session of the Florida Legislature, the governor and legislative leaders outlined their goals and challenges. Most shared ongoing concerns about issues FAR considers major points, such as additional property tax relief.

Senate President Ken Pruitt (R-Port St. Lucie) and House Speaker Marco Rubio (R-Miami) addressed their respective chambers yesterday morning. Gov. Crist elected to deliver his State of the State address during primetime, instead of midday, as is the custom.

Facing a substantial budget deficit that could increase by $2.5 billion after updated revenue estimates are released later this week, each lawmaker outlined his vision for a financially sound Florida.

Speaker Marco Rubio (R-Miami) stressed the need for additional property tax reform by outlining his support of a grassroots proposal known as the 1.35% Tax Cap Amendment, which would limit property taxes to 1.35% of the just value of all properties (homestead and commercial). He also emphasized the need for a revenue cap in Florida that would limit government spending. Regarding property insurance, Speaker Rubio stressed the need for homeowners to fortify their property against storm damage, a position FAR has advocated for several years.

Senate President Ken Pruitt (R-Port St. Lucie) spoke about the importance of investing in Florida’s future and its infrastructure. He hopes to surpass last year’s level of investment in infrastructure and economic development by continuing to use non-recurring dollars on one-time initiatives as a way to stimulate Florida’s economy.  

Governor Crist supported FAR’s main legislative initiative this session: more property tax relief. “We can and should continue to fight for property tax relief and I encourage the Taxation and Budget Reform Commission to give the people the opportunity to vote for another tax cut,” the governor said.

© 2008 FLORIDA ASSOCIATION OF REALTORS®

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