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The Committee on Communications and Public Utilities (Bennett)

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recommended the following amendment:

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     Senate Amendment (with title amendment)

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     Delete line(s) 671-695

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and insert:

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     Section 6.  Section 196.175, Florida Statutes, is amended to

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read:

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     196.175  Renewable energy source exemption.--

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     (1)  Improved real property upon which a renewable energy

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source device is installed and operated shall be entitled to an

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exemption in the amount of not greater than the lesser of:

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     (a) The assessed value of such real property less any other

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exemptions applicable under this chapter;

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     (b) the original cost of the device, including the

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installation cost thereof, but excluding the cost of replacing

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previously existing property removed or improved in the course of

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such installation; or

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     (c) Eight percent of the assessed value of such property

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immediately following installation.

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     (2)  The exempt amount authorized under subsection (1) shall

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apply in full if the device was installed and operative

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throughout the 12-month period preceding January 1 of the year of

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application for this exemption. If the device was operative for a

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portion of that period, the exempt amount authorized under this

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section shall be reduced proportionally.

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     (3)  It shall be the responsibility of the applicant for an

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exemption pursuant to this section to demonstrate affirmatively

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to the satisfaction of the property appraiser that he or she

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meets the requirements for exemption under this section and that

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the original cost pursuant to paragraph (1)(b) and the period for

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which the device was operative, as indicated on the exemption

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application, are correct.

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     (4) An No exemption authorized pursuant to this section may

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not shall be granted for a period of more than 10 years. An No

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exemption may not shall be granted with respect to renewable

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energy source devices installed before July 1, 2008 January 1,

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1980, or after December 31, 1990.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     Delete line(s) 29-37

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and insert:

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amending s. 196.175, F.S.; revising the amount of the

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exemption for installing a renewable energy source device;

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providing that an exemption for the installation of a

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renewable energy source device before a specified date may

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not be granted;

3/26/2008  4:55:00 PM     579-05865-08