House prepares for long haul; Dems work plan
Rep. Dean Cannon, R-Winter Park, talks with Democratic leaders Dan Gelber of Miami Beach (left) and Jack Seiler of Wilton Manors (seated) about the Democratic proposal for property taxes. [Scott Keeler | Times]
Rep. Dean Cannon told top Democrats a little while ago not to expect to return to the floor today and that lawmakers should anticipate going home Friday, possibly to return next week should a deal not be reached.
Democrats are hoping their proposal plays heavily into extended talks. Reps. Dan Gelber and Jack Seiler met with Cannon and other Republicans and outlined a reworked version of their "Save Our Homes Advance."
The plan now calls for low-income seniors to get an exemption equal to 100 percent of county media. Everyone else would get an exemption equal to 40 percent of county median home value. Anyone with a greater SOH break would keep that amount. The new exemption would not apply to school taxes.
Democrats also proposed a 7 percent assessment cap on non-homestead property, up from the Republican plan for 3 percent. Bottom line: $7.7-billion over four years, with only $5-million hit to schools.
Cannon said the plan would be considered and seemed to like giving more of a break to newer homeowners.