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Legislators backtrack on insurance and property tax reforms

This of course seems to be a seasonal event. Legislators come to Tallahassee, vote for a series of bills, proclaim their worthiness, and then....go home and complain about it.

Yesterday legislators who represent Manatee County acknowledged that what has happened on property taxes and insurance hasn't worked out like they had hoped. Rep. Ron Reagan, a Bradenton Republican, said the insurance reforms passed earlier this year were supposed to be a "home run" but "in my opinion we hit a single."

Sen. Michael Bennett, a Bradenton Republican, went so far as to say insurance companies lied when they promised lower rates in exchange for the state assuming more risk in the hurricane catastrophe fund. Both Bennett and Republican blamed leadership in the House and Senate for not pushing ahead with a larger tax cut plan. More here.

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