Prohibition on levying ad valorem taxes on tangible personal property in Florida.
This bill amends Florida Statutes to prohibit the levying of ad valorem taxes on tangible personal property by counties, school districts, and municipalities. It includes provisions for exemptions and refunds for certain types of tangible personal property, such as building materials used in new construction or rehabilitation projects, and materials used in affordable housing developments. The bill also outlines procedures for applying for and receiving refunds for previously paid taxes on exempt property.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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