Florida Policy Index

North Carolina recently became the first state to explicitly incorporate federally regulated prediction markets into its state budget by imposing a 6 percent tax on operators' net trading fee revenue. While the immediate fiscal impact is expected to be modest, the policy significance is far greater. For the first time, a state has acknowledged prediction markets not simply as a regulatory issue, but as a legitimate component of its future revenue framework.

Florida’s current property tax debate is not new—it builds on a policy framework first seriously advanced nearly two decades ago. As Florida House Speaker in 2007, Marco Rubio proposed one of the most ambitious property tax overhauls in state history: eliminating property taxes on homesteaded properties entirely.

Palm Beach County is once again at the center of the global soccer spotlight, hosting Real Madrid’s extended training camp ahead of the 2026 FIFA Club World Cup. The choice of South Florida reflects more than prestige — it underscores how quickly the United States has become a serious player in the world’s game.

Florida's general revenue collection exceeded expectations by $596 million from July through January.

The company is also expected to unveil the location of its first flagship IQOS store in Florida later this year. IQOS is Philip Morris International’s leading heat-not-burn product designed for adult smokers seeking a smoke-free alternative. The Florida location will serve as a key retail hub as PMI continues expanding its presence in the U.S. market.