Florida lawmakers signed off on a $115 billion state budget Monday night, capping an extended legislative session and sending the spending plan to Gov. Ron DeSantis.

The budget, which funds state government through June 2026, trims $1.5 billion from the current year’s total and lands $500 million below the proposal DeSantis submitted at the start of the session. It includes a $1.3 billion tax relief package, anchored by the repeal of the state’s business rent tax and a permanent back-to-school sales tax holiday.

“Under the leadership of President Ben Albritton and through the great efforts of Appropriations Chair Ed Hooper, Senate Republican lawmakers worked diligently to complete a fiscally conservative, balanced budget that reduces government spending, strengthens state reserves, and makes meaningful investments toward key priorities of our constituents,” said Senate Majority Leader Jim Boyd following Sine Die. “Paired with a robust, broad-based tax package, hardworking Floridians can save on essential items and keep more of their hard-earned dollars.”

After weeks of negotiations, the House and Senate also agreed to put a proposed constitutional amendment on the ballot that would set aside $750 million a year, or up to 25% of general revenue, for emergencies. The reserve fund would be off-limits for routine spending and could only be accessed under specific conditions, pending voter approval.

In education, the Legislature budgeted $4 billion for private school scholarships under the state’s universal voucher program, which allows all K-12 students to apply regardless of household income. Lawmakers also approved across-the-board raises for state workers, with enhanced pay bumps for law enforcement and firefighters.

More than 2,200 vacant state jobs were eliminated across agencies as part of the effort to streamline government operations. The budget also sets aside $3 million in grants for local jails participating in federal immigration enforcement programs.

DeSantis, who is currently overseas on a trade mission, holds the authority to veto specific line items.