Please see the following statement from Maria Wells, 2017 President, Florida Realtors, regarding Governor Rick Scott’s signing of HB 7109.
“I applaud Governor Scott and members of the legislature for making these tax cuts possible for Florida families. From a Realtor perspective, I am particularly excited about the first-ever cut to the business rent tax that is included in this bill. The business community has been working to advance this tax cut for several years. This is a tremendous success for Florida Realtors and the entire Business Rent Tax Coalition.
The most significant steps are often the first ones we take on an issue and this cut opens the door for future reductions of this burdensome tax. More importantly, it puts $61 million back in the hands of businesses to grow and hire more people, and when businesses grow, communities prosper.”