Wednesday, April 9, 2008

House panel gives nod to tax cuts

TALLAHASSEE — A House panel signed off on new property tax cuts that could limit annual spikes in home valuations and allow partial payments of tax bills.

The House Government Efficiency and Accountability Council approved two bills affecting the taxes Tuesday. But with less than a month left in the legislative session, both are far from becoming law, including a measure that fixes a tax-increasing quirk of Save Our Homes.

Palm Beach Post

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