Perez is the most powerful Latino politician in Florida and presides over a Republican supermajority in the state House. Term-limited in 2026, his speakership ends after the current session. His signature initiative is a sweeping property tax reform package that could reshape Florida's tax structure. He considered running for Attorney General but decided to focus on his final session as Speaker.
Perez is not running for re-election due to term limits. Ashley Perez-Biliskov has filed to succeed him in HD-116. Rep. Sam Garrison will succeed him as Speaker after the 2026 elections. As a rising Republican star with Cuban-American roots in Miami-Dade County, Perez is widely seen as a future statewide candidate.