Florida Senate Oks More Than $400M In Tax Cuts
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TALLAHASSEE, Fla. (CBSMiami/AP) — Florida residents may get a little more money in their pockets after the Florida Senate approved more than $400 million in tax cuts.
The tax cut package includes breaks on school supplies, computer and clothes.
The Senate passed the tax cut bill by a 34-2 margin. The Florida House could approve it later Monday and send the bill to Gov. Rick Scott.
The legislation also contains a cut in the state tax charged on cellphones and cable television.
Scott earlier this year had pushed legislators to pass nearly $700 million of tax cuts. The Republican governor promised on the campaign trail to cut taxes by $1 billion over the next two years.
But legislators scaled back the size of the tax cut package in order to boost funding to hospitals.
Legislators returned to Tallahassee June 1st after failing to pass a budget during their regular session. The session is scheduled to end June 20th.
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