DeSantis Signs Largest Tax Relief Bill in Florida History with More Than $1.2 Billion in Savings

Gov. Ron DeSantis on Friday signed the largest tax relief bill in Florida history, delivering $1.2 billion in savings to Floridians.

DeSantis signed HB 7071 into law, which includes permanent tax relief through a range of sales tax exemptions, corporate income tax credit expansions, and ad valorem tax and exemption provisions. They are expected to generate an additional $190 million in tax savings over two years and $140 million annually thereafter.

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