Overview
- Gov. Ron DeSantis signed SB 4-F and HB 1329 in Bradenton on Wednesday, June 24, making SB 4-F effective immediately and HB 1329 effective Jan. 1, 2027.
- SB 4-F changes how local governments set maximum millage by removing the per‑capita personal income adjustment from the rolled‑back rate and raising the vote thresholds needed to exceed that rate, which limits how much property‑tax revenue cities and counties can collect.
- HB 1329, called the Local Government Financial Transparency and Accountability Act, requires detailed online budget disclosures, quarterly employee compensation reports, and an annual exercise to identify ways to cut proposed spending by 10 percent without cutting essential services.
- State economists and county appraisers project large shortfalls if voters approve the ballot amendment, with the Legislative Office of Economic and Demographic Research estimating up to $11.86 billion in annual local revenue loss once fully implemented and Leon County forecasting roughly $44 million in first‑year losses.
- The measure faces organized opposition, a pending lawsuit over ballot language, and mixed political dynamics: Sachs Media polling shows about 64 percent statewide support but a sharp partisan split, and the amendment must receive at least 60 percent of votes in November to take effect.