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Senate committee backs bill requiring online listings to show estimated property taxes
Summary
The Florida Senate Finance & Tax Committee unanimously reported SB 856 to require online residential listing platforms to display DOR-based estimated property taxes or link to local tax estimators, a sponsor-backed measure aimed at reducing buyer confusion from seller-tax figures.
Senator DeSigli sponsored SB 856, telling the Finance & Tax Committee the bill would require online residential listing platforms to display estimated property taxes using a Department of Revenue formula or countywide average millage rates and prohibit using the current owner's tax figure to estimate a buyer's liability. The sponsor described the measure as "consumer friendly" and said constituents are often surprised by tax increases after purchase.
The bill drew…
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