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Ron DeSantis: “Under current law, they can raise valuations of small…”

Featuring: Ron DeSantis, Republican | Governor of Florida

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JUST IN: Florida Gov. Ron DeSantis Calls For Special Session To Deal With Property Tax Issues

Published | Video Starts at 12:47

The other thing is, is what we don't want is to say, oh, you know, we want to make up revenue, so we're going to just go and hit small businesses. So right now, Under current law, they can raise valuations of small businesses by up to 10% each and every year. This proposal cuts that limit in half. They will only be able to do 5%. So that's the strongest protection for small businesses, you know, that we've ever seen. (12:47–13:00)

CLAIM

Asserts that the proposal will reduce the annual valuation increase limit for small businesses from 10% to 5%.

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