The 2023 Florida Statutes (including Special Session C)

Title XI
COUNTY ORGANIZATION AND INTERGOVERNMENTAL RELATIONS

Chapter 159
BOND FINANCING

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F.S. 159.31

159.31 Tax exemption.—The exercise of the powers granted by this part in all respects will be for the benefit of the people of the state, for the increase of their industry and prosperity, for the improvement of their health and living conditions, and for the provision of gainful employment and will constitute the performance of essential public functions. The local agency shall not be required to pay any taxes on any project or any other property owned by the local agency under the provisions of this part or upon the income therefrom. The bonds issued under the provisions of this part, their transfer, and the income therefrom (including any profit made on the sale thereof), and all notes, mortgages, security agreements, letters of credit, or other instruments which arise out of or are given to secure the repayment of bonds issued in connection with a project financed under this part, shall at all times be free from taxation by the state or any local unit, political subdivision, or other instrumentality of the state. Nothing in this section, however, shall be construed as exempting from taxation or assessments the leasehold interest of a lessee in any project or any other property or interest owned by the lessee. The exemption granted by this section shall not be applicable to any tax imposed by chapter 220 on interest, income, or profits on debt obligations owned by corporations.

History.—s. 7, ch. 69-104; s. 3, ch. 73-327; s. 6, ch. 80-287; s. 20, ch. 86-152.

F.S. 159.31 on Google Scholar

F.S. 159.31 on Casetext

Amendments to 159.31

Arrestable Offenses / Crimes under Fla. Stat. 159.31

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 159.31.

Annotations, Discussions, Cases:

Cases from cite.case.law:

CAPFA CAPITAL CORP. v. DONEGAN,, 929 So. 2d 569 (Fla. Dist. Ct. App. 2006)

. . . that the Legislature has exempted this kind of housing through various statutes, including sections 159.31 . . .

UNITED STATES v. HITACHI AMERICA, LTD., 964 F. Supp. 344 (Ct. Int'l Trade 1997)

. . . . §§ 159.31-159.38. . . . .

v., 21 Ct. Int'l Trade 373 (Ct. Int'l Trade 1997)

. . . . § 159.31-159.38. . . .

FLEXI- VAN LEASING, INC. v. PHAROS LINES, S. A., 808 F. Supp. 255 (S.D.N.Y. 1992)

. . . G94A051 12-Apr-89 490.00 1,202 242.05 G95A025 25-May-89 157.50 1,159 75.02 G03A041 28-Mar-90 455.00 852 159.31 . . .

DEPARTMENT OF REVENUE, v. FIRST UNION NATIONAL BANK OF FLORIDA,, 513 So. 2d 114 (Fla. 1987)

. . . provision contained in the very law which created the franchise tax, to wit: Sections 125.019, 159.15, 159.31 . . .

HIALEAH, INC. v. DADE COUNTY,, 11 Fla. Supp. 2d 134 (Fla. Cir. Ct. 1985)

. . . Sections 159.31, 159.50 and 196.199(7), Florida Statutes (1983). . . .

E. OYER, Jr. v. E. BOYER f k a E., 383 So. 2d 717 (Fla. Dist. Ct. App. 1980)

. . . aside and cancel both orders dated July 7th, 1978 awarding a total of $7,550.00 in attorney’s fees and $159.31 . . .

SOUTHERN PACIFIC CO. v. THE UNITED STATES, 60 Ct. Cl. 662 (Ct. Cl. 1925)

. . . C. 12, by analogy to trunks, a net rate of $159.31. . . .