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End of Florida’s Business Rent Tax Could Make the State Attractive to Real Estate Investors

By Vivienne Serret
July 31, 2025

Some attorneys at Florida’s largest law firms are optimistic that a recently enacted legislative measure that eliminates the business rent tax will help make the state even more attractive to out-of-state businesses and investments.

Florida legislators managed to pass House Bill 7031, a roughly $1.3 billion tax relief bill that effectively eliminated the state’s business rent tax after it was signed by Gov. Ron DeSantis on July 3.

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