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House Bill 0489




    Florida House of Representatives - 1997                 HB 489

        By Representative Minton






  1                      A bill to be entitled

  2         An act relating to ad valorem tax assessment;

  3         amending s. 193.461, F.S.; providing that the

  4         property appraiser, when considering specified

  5         use factors applicable to an agricultural

  6         assessment, may rely on 5-year moving average

  7         data for certain crops; providing an effective

  8         date.

  9

10  Be It Enacted by the Legislature of the State of Florida:

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12         Section 1.  Subsection (6) of section 193.461, Florida

13  Statutes, is amended to read:

14         193.461  Agricultural lands; classification and

15  assessment.--

16         (6)(a)  In years in which proper application for

17  agricultural assessment has been made and granted pursuant to

18  this section, the assessment of land shall be based solely on

19  its agricultural use. The property appraiser shall consider

20  the following use factors only:

21         1.  The quantity and size of the property;

22         2.  The condition of the property;

23         3.  The present market value of the property as

24  agricultural land;

25         4.  The income produced by the property;

26         5.  The productivity of land in its present use;

27         6.  The economic merchantability of the agricultural

28  product; and

29         7.  Such other agricultural factors as may from time to

30  time become applicable.

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CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1997                 HB 489

    541-136-97






  1         (b)  In considering the factors specified in paragraph

  2  (a), the property appraiser may rely on 5-year moving average

  3  data for annual row crops and other crops produced for annual

  4  harvest.

  5         (c)(b)  In years in which proper application for

  6  agricultural assessment has not been made, the land shall be

  7  assessed under the provisions of s. 193.011.

  8         Section 2.  This act shall take effect January 1, 1998.

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11                          HOUSE SUMMARY

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      Provides that the property appraiser, when considering
13    specified use factors applicable to an agricultural
      assessment, may rely on 5-year moving average data for
14    certain crops.

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