LMA NEWSLETTER January 22, 2024

Bill Watch

Recap of Week 2 & Preview of Week 3 of Session

Week 2 of the Legislative Session kicked off under unusually cold temperatures in the Capitol City.  With observance of the holiday on Monday, the Legislature’s activities were even more concentrated into the next two days of last week.  The State Capitol was buzzing with …

Insurance Prices on Voters’ Minds

Encouraging news on reinsurance pricing

A new poll showing inflation and rising property insurance prices are the biggest motivators for Florida voters this November, a new forecast for reinsurance pricing and commercial property rates this year, plus a big insurance company is again on the hook for back taxes to Florida.  It’s all in this …

Florida’s Algae Blooms Bad for Business

Economic impact revealed

Florida has a recurring algae bloom problem.  In 2005, 2018, and perhaps now again in 2024, high levels of nitrates and phosphates in the water from various sources of runoff cause excessive blooms and, in turn, damage to economies and ecosystems in Southwest Florida.  According to a new report from a group …

Tax Break Coming Early for Florida Businesses

Plus, a great ranking for start-ups

2024 looks to be a great year for Florida business.  There’s a major reduction in the Business Rent Tax happening sooner than expected and its new ranking at #3 in the best states to start a business.  Plus, further proof that Florida’s retirees help ease tax burdens on the …