Gov. Ron DeSantis on Friday signed the “largest tax relief in the history of the state of Florida,” a $1.2 billion plan that’s designed to provide relief for Floridians from the highest level of inflation in 40 years.
To watch the conference, click link. https://fb.watch/cR0E4ei8K9/
One of the biggest benefits will be during the entire month of October, when gas will be tax-free. DeSantis said drivers will save around $.25 per gallon.
In addition, children’s diapers, as well as clothing and shoes for kids who are five and under will be tax-free for an entire year from July 1 until June 30, 2023. Children’s books will be tax-free for three months from May 14 through August 14.
“Families are gonna be able to save for things that really matter for them,” DeSantis said Friday during a news conference in Ocala.
According to AAA, the national average for a price of regular gas on Friday is $4.28, while Florida’s average is $4.19.
“You look at the fuel, I have not seen it under $4 for a long time,” DeSantis said. “You’ve not seen any real relief.”
In addition to those tax breaks, DeSantis on Friday also announced a 14-day Back-To-School Sales Tax Holiday, which will run from July 25 until Aug. 7. During that time, the following items will be tax-free:
- Clothing, footwear, and backpacks costing $100 or less
- School supplies and learning aids costing $50 or less
- Personal computers or computer-related accessories, including non-recreational software, costing $1,500 or less
A 14-day Disaster Preparedness Sales Tax Holiday will run from May 28 until June 10, with the following items, among others, tax-free during that time:
- Flashlights and lanterns costing $40 or less
- Radios costing $50 or less
- Tarps costing $100 or less
- Coolers costing $60 or less
- Batteries costing $50 or less
- Smoke detectors, fire extinguishers, and carbon monoxide detectors costing $70 or less
- Generators costing $1,000 or less
In addition, the Freedom Week Sales Tax Holiday will run from July 1 to 7, when the following items will be tax-free:
- Tickets to movies and museums
- Single admission or season tickets to theatre and dance performances
- State park admission and annual passes
- Use of fitness facilities
- Tickets, memberships, and passes for use from July 1 to December 31
Finally, DeSantis on Friday announced the first-ever Skilled Worker Tools Sales Tax Holiday. From Sept. 3 to 9, the following tools used by skilled trade workers will be tax-free:
- Certain hand and power tools
- Work boots
- Safety equipment
- Shop lights
- Toolboxes and belts
- Plumbing and electrical equipment
- Industry textbooks and codebooks
For more information about all the upcoming tax breaks, click here.