The budget package includes a modest increase in per-student spending through the state’s main education formula, $521 million in Medicaid cuts for hospitals and far-reaching changes to education across the board.
tax cuts
3-Day School “Tax Holiday” Part of $129 Million Tax-Cut Package Nearing Approval
The package is far short of the $1 billion in tax cuts that Gov. Rick Scott requested. The trimmed-down package is the result, at least in part, of lawmakers responding to state economists reducing revenue forecasts for the next couple of years.
Gov. Scott Sought $1 Billion in Tax Cuts. Senate Cuts It Down to $129 Million.
The new tax-cut package will combine with about $290 million earmarked to hold down local property taxes that would otherwise go into the state’s school-funding formula.
Florida House May Back Scott’s $1 Billion Tax Cut, With Minor Differences
The House intends to offer a $1 billion tax-cut package that includes Gov. Rick Scott’s call to reduce a tax on commercial leases and holding a back-to-school sales tax “holiday.”
Scott Wants Tax Cuts Larger Than Projected Surplus. Lawmakers Are More Prudent.
Scott wants a larger tax-cut package in 2016 than the $673 million he sought this year, even though the state budget surplus is projected at $635.4 million, much of it one-time revenue that won;t recur in subsequent years.
Gov. Scott Signs $429 Million Tax-Cut Package, Saving Average Floridians a Few Dollars a Year
The tax savings are projected at less than $2 a month for people paying $100 a month for phone or TV services. The package reduces costs on cell-phone bills, cable TV bills, gun club memberships, college textbooks and luxury boat repairs.
Despite Budget Crunch, Cable and Cell Phone Tax Cuts Still Expected in Special Session
Floridians could still get a reduction in their cable-TV and cell-phone bills as part of a new House tax-cut package, though it’ll fall short of the nearly $700 million package projected earlier this year.
Seeking $500 Million Cut, Scott Asks for Lower Taxes on Cell Phone, Satellite and Cable Bills
The governor’s office said it would save about $43 a year for a family that spends $100 a month on cell-phone and cable services, though spending on such services varies widely by household.
House Balks at $2 Million-a-Year Tax Subsidy to Daytona Speedway as Other Breaks Advance
Funding for Daytona International Speedway and a temporary tax break on gym memberships could be casualties when the House and Senate meet next week on their opposing packages to complete Gov. Rick Scott’s $500 million election-year tax cuts.
Moral Monday Comes to Florida as NAACP Leads Capitol Protest, and Right-Wingers Respond
“Moral Monday” included an array of left-leaning groups calling for lawmakers to expand Medicaid, stop the state’s voter purge and roll back the “stand your ground” self-defense law, while a right-wing group later held its own event to oppose expanding Medicaid and support overhauling the state’s pension system, cut taxes and expand school vouchers.