Gov. Ron DeSantis wants to get a constitutional amendment in front of voters next year that would either abolish or reduce property taxes.

Florida is considering doing away with property taxes. The move, encouraged by Republican Gov. Ron DeSantis, comes as home values rise and insurance costs soar in the state, which has been hit by several hurricanes in recent years.

Florida pulled in more than $55 billion in property taxes for the 2024-25 fiscal year—and some in the state are considering the idea of dropping that figure to zero. The Wall Street Journal reports that the state's property-tax system is among the hottest topics among legislators who are back in session,