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tax cut package

Highlights from Florida’s new $82.3 billion budget

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The Florida Legislature is expected on Friday to approve a more than $82.3 billion budget for 2016-17 that is roughly 5 percent larger than this year’s budget. Here are a few key items you should know about: – EDUCATION: The new budget increases day-to-day public school spending by $458 million, which translates into a 1 percent increase. The per pupil spending amount would be $7,178.49, which is less than Gov. Rick Scott recommended. Legislators also agreed to spend more than…

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Florida Legislature OKs more than $400 million in tax cuts

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Floridians will get a 10-day tax break on school supplies, computers and clothes under a more than $400 million tax cut package approved by the Florida Legislature. The Senate on Monday passed the tax cut bill by a 34-2 margin. The Florida House also approved it by a 91-2 margin and sent it to the desk of Gov. Rick Scott. The tax holiday will be held Aug. 7 to Aug. 16. The legislation also contains a cut in the state…

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