(1) Real property, on January 1 of each year. Improvements or portions not substantially completed on January 1 shall have no value placed thereon. “Substantially completed” shall mean that the improvement or some self-sufficient unit within it can be used for the purpose for which it was constructed.
(2) Tangible personal property, on January 1, except construction work in progress shall have no value placed thereon until substantially completed as defined in s. 192.001(11)(d).
History.—s. 4, ch. 70-243; s. 57, ch. 80-274; s. 9, ch. 81-308; s. 5, ch. 2006-312.
Structure Florida Statutes
Title XIV - Taxation and Finance
Chapter 192 - Taxation: General Provisions
192.011 - All Property to Be Assessed.
192.032 - Situs of Property for Assessment Purposes.
192.037 - Fee Timeshare Real Property; Taxes and Assessments; Escrow.
192.048 - Electronic Transmission.
192.053 - Lien for Unpaid Taxes.
192.071 - Administration of Oaths.
192.091 - Commissions of Property Appraisers and Tax Collectors.
192.102 - Payment of Property Appraisers’ and Collectors’ Commissions.
192.105 - Unlawful Disclosure of Federal Tax Information; Penalty.