Florida motorists were run over by the state’s powerful insurance industry Friday, when a House panel sharply scaled back a plan to reduce vehicle registration fees.
The House Appropriations Committee threw out a Senate proposal to eliminate a decades-old tax break for the insurance industry. Senators intended to play Robin Hood with the $224 million saved by wiping out the tax credit. They’d reduce registration fees for Floridians by $12 per vehicle next year, easing back on big tag hikes approved four years ago.
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