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The bill, which was a 2024 Florida Realtors legislative priority, also includes changes to the Live Local Act. Hometown Heroes Housing Program funding begins July 1.
TALLAHASSEE, Fla. – Gov. Ron DeSantis signed a bill revising 2023's Live Local Act, providing an additional $100 million to the Hometown Heroes Housing Program (HHHP) for zero-interest downpayment and closing cost assistance home loans to fulltime employed Floridians who meet income requirements.
The HHHP financial boost injects new funding into a program that was so successful when it launched that funding was depleted in under two months. The new HHHP funding will be available after July 1.
The governor signed a package that includes sales tax holidays and a one-year exemption on residential property and flood insurance premium taxes.
CAPE CANAVERAL, Fla. – Florida is once again giving back some of the tax money it collects to residents.
As usual, the annual "sales tax holidays" are going into effect — periods during which sales tax isn't levied on certain types of spending.
New this year: A one-year elimination of the tax on residential property and flood insurance premiums.
House Bill 7073, signed into law Tuesday by Gov. Ron DeSantis, had support from Democrats and Republicans. No one in the state Senate or the state House of Representatives voted against it.
The total of the tax relief is $1....
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