Overview
- The House approved HB 7031 in a 105-2 vote, advancing targeted sales-tax relief on items such as firearm accessories, camping and fishing gear, and American-made beer.
- The plan decouples Florida from corporate tax changes in President Trump’s One Big Beautiful Bill, with House leaders citing an estimated $3.1–$3.5 billion in recurring revenue the state seeks to avoid losing.
- The hunting, fishing and camping tax holiday would run Sept. 1–Dec. 31, and the back-to-school holiday would shift to July 20–Aug. 20 under the House plan.
- Property measures in HB 7031 include a 3% annual assessment cap for certain mobile home parks, required estimated property taxes on online listings, and the ability to transfer Save Our Homes benefits from recently abandoned homesteads.
- The Senate’s SB 7046 differs on dates and adds a tennis ticket tax break, and negotiators must bridge gaps before March 13 as fiscal estimates peg next year’s revenue impact at about $153.9 million for the House plan versus $55.7 million for the Senate’s.