HB 0107 2003
   
1 A bill to be entitled
2         An act relating to property tax exemptions; creating s.
3   196.2003, F.S.; exempting certain portions of certain
4   private residential property used for certain purposes;
5   requiring annual application; providing an effective date.
6         
7         Be It Enacted by the Legislature of the State of Florida:
8         
9         Section 1. Section 196.2003, Florida Statutes, is created
10   to read:
11         196.2003 Private residential island property cistern
12   exemption.--That portion of a private residential property in an
13   island community upon which a cistern is located and used for
14   purposes of storing fresh water, reducing the need to draw water
15   from public aquifers, and serving as an important source of
16   water in the event of a hurricane or other natural disaster
17   shall be exempt. No exemption authorized pursuant to this
18   subsection shall be granted unless the owner applies to the
19   property appraiser on or before March 1 each year for such
20   exemption.
21         Section 2. This act shall take effect upon becoming a law.
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