CAPE CANAVERAL, FL (352today.com) – Florida Gov. Ron DeSantis signed a tax package on Tuesday that includes tax relief on property insurance premiums and provides for multiple sales tax holidays throughout the year.

The tax package provides a one-year exemption on taxes on residential property and flood insurance premiums.

The legislation provides $1.07 billion in tax relief for Floridians this year.

The governor says the relief is possible because Florida’s economy remains strong, and the state has maintained a “comfortable budget surplus.”

This year’s tax package continues the state’s annual tax holidays:

Disaster Preparedness Holidays
Includes items like tarps, batteries, and flashlights

  • June 1 – 14
  • August 24 – September 6

Back-to-School Sales Tax Holiday
Includes items like pens, pencils, computers, clothing, and other school supplies

  • July 29 – August 11

Freedom Month Sales Tax Holiday
Includes items like pool floats, fishing supplies, and outdoor equipment. Admissions to museums and state parks are included

  • July 1 – 31

Tool Time Sales Tax Holiday
Includes items like power tools, hand tools, toolboxes, and other items

  • September 1 – 7