The Senate Republican property tax plan was a much-coveted tidbit Wednesday in the Capitol.
The formal unveiling comes Thursday, when Senate leaders talk it up with members on the floor and then begin working out the kinks over the next week.
But here's the gist:
Senate Republicans want to do a tax rollback, but stretch its effect on local governments out over several years instead of hitting them with a $4 billion budgetary gut punch all at once.
What that means is a smaller, 10 percent or less property tax revenue cut for local governments, then a freeze on growth for possibly two to three years.
Senators also want to limit future growth to new construction plus a family income adjuster, as opposed to the House plan to tie local property tax growth to the Consumer Price Index.
They'll also throw in the tangible personal property tax break for businesses, incentives for first-time homebuyers, and some kind of limited Save Our Homes portability to let homesteaders take a portion of their accumulated discount with them when they move. But maybe only once.
Finally, the plan is sure to include a change in the way property appraisers assess the value of property: from its most expensive use to how the land is currently used.
This "framework" is basically everything the House plan is not.
Smaller, safer, and easier to put in place without a statewide referendum. And it doesn't include the politically potent option of raising Florida's sales tax.
Of course, the real wrench work begins after both chambers pass their competing plans next week.