Florida (Summary)
Last Updated: March 2020
Tax Type: Current Use Tax
Description: The current use value of the land and its potential to produce income is calculated for the property based on the site's "productive value" (i.e., site index).
Law: F.S.193.461
Principal Forest Property Tax Incentive Program
Program name: Greenbelt Program
Objective: The "Greenbelt Law" discourages pressures to otherwise develop said land in indiscriminate manners which often result in higher costs for public services, such as urban sprawl, while encouraging agricultural uses which often result in wildlife habitat and other benefits of green space.
Program Requirements
Min/Max Acreage: N/A
Min. Stocking Growth: N/A
Forest Management Plan: N/A
Duration of Enrollment: Effective January 1, 2003 classification as agricultural land must be renewed each year.
Penalties for Use Change: Land will be assessed at "fair market value."
Program Administration
State: The State Department of Revenue provides appraisal guidelines
County Tax Assessor and Commissioner: County appraiser classifies as either "agricultural" or "non-agricultural."
University: N/A
Landowner: N/A
For a more in depth discussion of Florida property taxes click here!