ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
A key senator suggested Dec. 4 that lawmakers should consider a property tax break, which could be spread over a number of years, for people who try to make older homes more storm resilient.
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The proposal floated by Florida Senate Banking and Insurance Chairman Blaise Ingoglia comes as lawmakers in recent years have passed a series of measures aimed at trying to stabilize the state’s property insurance market.
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Ingoglia, R-Spring Hill, encouraged his colleagues to consider additional ways to save homeowners money while also protecting governments from costs related to disaster restoration.
Click here to read the full story on the Orlando Business Journal’s website.
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