Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. SB 832
                        Barcode 032760
                            CHAMBER ACTION
              Senate                               House
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11  The Committee on Agriculture (Smith) recommended the following
12  amendment:
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14         Senate Amendment 
15         On page 1, lines 18 to 25, delete those lines
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17  and insert:  
18         (1)  For purposes of assessment for ad valorem property
19  taxes, obsolete agricultural equipment shall be deemed to have
20  a market value no greater than its value for salvage. As used
21  in this section, the term "agricultural equipment" means any
22  equipment that qualifies for the sales tax exemption provided
23  in section 212.08(3), Florida Statutes, wherever purchased.
24  Agricultural equipment shall be considered obsolete for
25  purposes of this section if it is no longer commonly used by
26  the taxpayer in agricultural production.
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    6:13 PM   02/20/05                             s0832b-ag14-e0b