Gov. Ron DeSantis Signs Largest Tax Relief in Florida History, Gas Tax Cut by $0.25
May 6, 2022 Updated 12:18 P.M. ET
TALLAHASSEE (FLV) – Friday, Gov. Ron DeSantis signed H.B. 7071, the largest tax relief package in Florida’s history.
DeSantis said that Floridians will see tax breaks for critical needs like “gas, diapers, disaster supplies, tools for skilled trades, recreational activities, you name it.”
The bill provides Floridians with a plethora of tax cuts on important products like diapers, clothes and shoes for babies and toddlers. Those cuts will last for one year beginning July 1.
Children’s books will be tax-free for three months starting May 14 “leading right into the school year.” There will be a 14 day back-to-school tax holiday from July 25 through August 7.
A gas tax holiday goes into effect, on October 1, reducing the tax by $0.25 per gallon.
On gas, DeSantis called the Biden Administration’s tapping into the strategic oil reserve as a “political stunt.”
DeSantis called for the United States to be energy independent again. “We were energy independent prior to January of 2021,” he said. “They should be unleashing American energy right now.”
There will be a seven day tax holiday running July 1 through July 7 for boating, camping, and fishing equipment that DeSantis called “Freedom Week“
DeSantis called for the United States to be energy independent again and blasted the Biden Administration for tapping into strategic oil reserves.
On tuition, DeSantis said that the state will not raise tuition to prevent Floridians from going into debt. He touted trade schools as an alternative option to four-year university.
“You look at the demand for welding, for HVAC, for electrical … they can start making a very good living,” he said.
Additional tax breaks are going into effect in July to “fortify” their property against disasters.
“When you have prices going up – you gotta do the diapers, there’s really no way around that, and so, I think that’ll be helpful for a lot of our families throughout the state of Florida.”
View the tax relief package exemption periods here.
