Governor Charlie Crist put his signature on the $15.6 billion property tax cut plan just a few hours ago. the estimated average cut for primary homeowners is $174 or 7% in the first year.

Secondary homes and other residential properties are estimated at $199 and commercial property owners will see a cut of $941 or 6%.

Florida voters next will decide whether to adopt the second half of the plan on January 29th. That republican-sponsored proposal has drawn opposition from democrats, local officials, labor unions and other critics.