Last week, the Governor announced the Framework for Freedom Budget, which is his proposed budget for Fiscal Year 2023–2024. The Framework for Freedom Budget totals $114.8 billion, with total reserves exceeding $15 billion.
The Framework for Freedom Budget builds on Florida’s successes as the state continues to outpace the nation in building a robust economy; safeguarding students’, parents’, and teachers’ rights; restoring our environment; and maintaining healthy reserves to respond to natural disasters. For more information on the Framework for Freedom Budget, click here.
“Hard-working Floridians are tired of scraping by, having to do more with less because Washington politicians refuse to cut wasteful spending or curb inflationary policies,” said House Speaker Paul Renner. “Floridians can count on Governor DeSantis and their state legislators to balance our budget and strategically build up reserves. I look forward to working with the Governor, Senate President Passidomo, and our colleagues in the House and Senate to deliver meaningful tax relief for families when they need it most.”
The tax relief proposal includes a “Freedom Summer” tax holiday which will run from Memorial Day through September 4. This tax holiday is estimated to save Florida families more than $224 million. Items included are:
- Admission to events and performances such as concerts, movies, and sporting events
- Admission to state parks and museums
- Boating and water activity supplies
- Camping supplies
- Fishing supplies
- Sports equipment
- Residential pool supplies