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The government of Florida is established and operated according to the Constitution of Florida and is composed of three branches of government: the executive branch consisting of the governor of Florida and the other elected and appointed constitutional officers; the legislative branch, the Florida Legislature, consisting of the Senate and House; and the judicial branch consisting of the ...
March 3: Florida was admitted to the Union as the 27th U.S. state. May 26: Florida Legislature is formed succeeding the Florida Territorial Legislative Council. June 25: Florida's first elected governor, William Dunn Moseley takes office. 1848 January 8: Holmes County is established. 1849 January 18: Putnam County is established.
The state had imposed a tax on "intangible personal property" (stocks, bonds, mutual funds, money market funds, etc.), but this tax was abolished after 2006. The state sales tax rate is 6%. [10] Local governments may levy an additional local option sales tax of up to 1.5%. A locale's use tax rate is the same as its sales tax rate, including ...
The collapse of Florida land values caused a severe financial crisis for the state government. Land values had dropped nearly to the vanishing point, but the property was subject to property tax assessments far in excess of its current value. Many property owners simply abandoned the property and did not pay the taxes.
The history of Florida can be traced to when the first Paleo-Indians began to inhabit the peninsula as early as 14,000 years ago. [1] They left behind artifacts and archeological evidence. Florida's written history begins with the arrival of Europeans; the Spanish explorer Juan Ponce de León in 1513 made the first
Congress enacted an income tax in October 1913 as part of the Revenue Act of 1913, levying a 1% tax on net personal incomes above $3,000, with a 6% surtax on incomes above $500,000. By 1918, the top rate of the income tax was increased to 77% (on income over $1,000,000, equivalent of $16,717,815 in 2018 dollars [24]). The average rate for the ...
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The old and new Florida State Capitol in Tallahassee. The basic structure, duties, function, and operations of the government of the State of Florida are defined by the Florida Constitution, which establishes the basic law of the state and guarantees various rights and freedoms of the people. As with the American federal government and all ...
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