Florida Statute 192.42 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XIV
TAXATION AND FINANCE

Chapter 192
TAXATION: GENERAL PROVISIONS

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F.S. 192.042

192.042 Date of assessment.—All property shall be assessed according to its just value as follows:

(1) Real property, on January 1 of each year. Improvements or portions not substantially completed on January 1 shall have no value placed thereon. “Substantially completed” shall mean that the improvement or some self-sufficient unit within it can be used for the purpose for which it was constructed.

(2) Tangible personal property, on January 1, except construction work in progress shall have no value placed thereon until substantially completed as defined in s. 192.001(11)(d).

History.—s. 4, ch. 70-243; s. 57, ch. 80-274; s. 9, ch. 81-308; s. 5, ch. 2006-312.

F.S. 192.042 on Google Scholar

F.S. 192.042 on CourtListener

Amendments to 192.042

Annotations, Discussions, Cases:

Cases Citing Statute 192.042

Total Results: 53

Sunset Harbour Condo. Ass'n v. Robbins

914 So. 2d 925, 2005 WL 1577040

Supreme Court of Florida | Filed: Nov 3, 2005 | Docket: 1781592

Cited 70 times | Published

Appeal declaring section 192.042, Florida Statutes (1997), unconstitutional.[1] Section 192.042 requires property

Lake Worth Towers, Inc. v. Gerstung

262 So. 2d 1

Supreme Court of Florida | Filed: Apr 12, 1972 | Docket: 429079

Cited 32 times | Published

§ 193.29." [3] The applicable statute now is § 192.042 F.S. 1970, F.S.A., which provides as follows:

Collier County v. State

733 So. 2d 1012, 1999 WL 278107

Supreme Court of Florida | Filed: May 6, 1999 | Docket: 360594

Cited 18 times | Published

assessed according to its just value." § 192.042. Section 192.042(1) provides that real property is to

DADE CTY. TAXING AUTH. v. Cedars of Lebanon Hospital Corp.

355 So. 2d 1202, 1978 Fla. LEXIS 4687

Supreme Court of Florida | Filed: Feb 16, 1978 | Docket: 2555301

Cited 18 times | Published

determined on January 1 of each year. See Section 192.042, Florida Statutes (1973). This is the date

Page v. City of Fernandina Beach

714 So. 2d 1070, 1998 WL 316556

District Court of Appeal of Florida | Filed: Jun 15, 1998 | Docket: 461493

Cited 17 times | Published

determined on January 1 of each year. See Section 192.042, Florida Statutes (1973). This is the date

Bass v. General Development Corp.

374 So. 2d 479

Supreme Court of Florida | Filed: Jun 28, 1979 | Docket: 430637

Cited 10 times | Published

property is determined on January 1 of each year. Section 192.042, Florida Statutes (1975). This is the date

Fuchs v. Robbins

818 So. 2d 460, 2002 WL 500138

Supreme Court of Florida | Filed: Apr 4, 2002 | Docket: 1652770

Cited 8 times | Published

The Third District additionally declared section 192.042, Florida Statutes (1993) (the "substantial

In Re Florida Engineered Construction Products, Corp.

157 B.R. 698, 7 Fla. L. Weekly Fed. B 222, 29 Collier Bankr. Cas. 2d 920, 1993 Bankr. LEXIS 1267, 24 Bankr. Ct. Dec. (CRR) 1023, 1993 WL 336039

United States Bankruptcy Court, M.D. Florida | Filed: Aug 5, 1993 | Docket: 1283364

Cited 6 times | Published

relation-back doctrine, Fla.Stat. § 192.053 and § 192.042 (1991), the claim of Tax Collector is clearly

Parrish v. Pier Club Apartments, LLC

900 So. 2d 683, 2005 WL 902115

District Court of Appeal of Florida | Filed: Apr 20, 2005 | Docket: 463219

Cited 5 times | Published

its just value" on January 1st of each year. § 192.042(1), *685 Fla. Stat. Third, "[e]very person or

Pinellas County v. State

776 So. 2d 262, 2001 WL 23117

Supreme Court of Florida | Filed: Jan 11, 2001 | Docket: 1521387

Cited 5 times | Published

months after completion of the improvements. See § 192.042(1), Fla. Stat. (1999). Because the County was

In Re the Point Restaurant & Oyster Bar

86 B.R. 252, 1988 Bankr. LEXIS 686, 1988 WL 50060

United States Bankruptcy Court, N.D. Florida | Filed: May 13, 1988 | Docket: 1110487

Cited 5 times | Published

first day of January of the taxable year as per § 192.042 of the Florida Statutes. Under Florida law, a

Markham v. Yankee Clipper Hotel, Inc.

427 So. 2d 383

District Court of Appeal of Florida | Filed: Mar 9, 1983 | Docket: 1151454

Cited 5 times | Published

point at which they could be used; and 2) that section 192.042(1), Florida Statutes (1977),[2] is constitutional

Manufacturers National Corp. v. Blake

287 So. 2d 129, 71 A.L.R. 3d 945, 1973 Fla. App. LEXIS 6151

District Court of Appeal of Florida | Filed: Dec 11, 1973 | Docket: 1652993

Cited 5 times | Published

This case requires careful consideration of Section 192.042(1), Fla. Stat., F.S.A.,[1] enacted by the Legislature

Fuchs v. Robbins

738 So. 2d 338, 1998 WL 821744

District Court of Appeal of Florida | Filed: Jul 16, 1999 | Docket: 414838

Cited 4 times | Published

the Miami Beach Ocean Resort and declaring section 192.042, Florida Statutes unconstitutional. For the

LOVE PGI PARTNERS, LP v. Schultz

706 So. 2d 887, 1998 WL 44481

District Court of Appeal of Florida | Filed: Feb 6, 1998 | Docket: 444858

Cited 4 times | Published

1977); Shaw v. Shaw, 334 So.2d 13 (Fla.1976). [3] § 192.042; Bass v. General Development Corp., 374 So.2d

Security Management Corp. v. Markham

516 So. 2d 959, 1987 WL 410

District Court of Appeal of Florida | Filed: Jun 3, 1987 | Docket: 1678060

Cited 4 times | Published

of said property; ... . (Emphasis added.) Section 192.042, Florida Statutes (1983) provides: Date of

Markham v. Kauffman

284 So. 2d 416

District Court of Appeal of Florida | Filed: Oct 19, 1973 | Docket: 1727827

Cited 4 times | Published

completed," as defined and intended under Section 192.042(1), 1970 Supp. to F.S. 1969, F.S.A.: "192.042

Bystrom v. Union Land Inv., Inc.

477 So. 2d 585, 10 Fla. L. Weekly 2521

District Court of Appeal of Florida | Filed: Aug 6, 1985 | Docket: 1320754

Cited 3 times | Published

DCA), cert. denied, 238 So.2d 428 (Fla. 1970); § 192.042, Fla. Stat. (1979). See Withers v. Metropolitan

Department of Revenue v. Markham

381 So. 2d 1101

District Court of Appeal of Florida | Filed: Nov 5, 1979 | Docket: 1722559

Cited 3 times | Published

household goods and personal effects. Again, Section 192.042 Florida Statutes 1977, contains essential provisions

Florida East Coast Railway Company v. Reid

281 So. 2d 77

District Court of Appeal of Florida | Filed: Jul 31, 1973 | Docket: 1262113

Cited 3 times | Published

completed on January 1 of the tax year, contrary to § 192.042, F.S. 1971, F.S.A. Even though the land (as distinguished

Forte Towers East, Inc. v. Blake

275 So. 2d 39

District Court of Appeal of Florida | Filed: Mar 20, 1973 | Docket: 1726840

Cited 3 times | Published

substantially completed on January 1, 1971, citing § 192.042(1) Fla. Stat., F.S.A. The plaintiff sought a judgment

SUNSET HARBOUR NO. CONDO. ASS'N v. Robbins

837 So. 2d 1181

District Court of Appeal of Florida | Filed: Feb 26, 2003 | Docket: 2574784

Cited 2 times | Published

$22,000,000.00, arguing that, pursuant to Section 192.042, Florida Statutes, it should have received

Hausman v. Bayrock Inv. Co.

530 So. 2d 938, 1988 WL 71548

District Court of Appeal of Florida | Filed: Jul 14, 1988 | Docket: 1267769

Cited 2 times | Published

substantially complete. Hausman also argues that *939 section 192.042(1), Florida Statutes (1985)[1] is unconstitutional

Colding v. Klausmeyer

387 So. 2d 430

District Court of Appeal of Florida | Filed: Aug 6, 1980 | Docket: 1355957

Cited 2 times | Published

had all of the tenant spaces been completed. Section 192.042(1), Florida Statutes (1977), provides that

John Henry Jones, Inc. v. Lanier

376 So. 2d 450

District Court of Appeal of Florida | Filed: Oct 31, 1979 | Docket: 1411043

Cited 2 times | Published

substantially complete within the intent and meaning of § 192.042, Florida Statutes, on ... January 1st, 1975 .

Wellington Realty v. Colorall Technologies

951 So. 2d 921, 2007 WL 518354

District Court of Appeal of Florida | Filed: Feb 21, 2007 | Docket: 1682506

Cited 1 times | Published

be "inconsistent and illogical." Id. (citing § 192.042(1), Fla. Stat. (1983)).[1] Unlike Handelsman,

Klein v. Robbins

947 So. 2d 623, 2007 WL 101991

District Court of Appeal of Florida | Filed: Jan 17, 2007 | Docket: 1720385

Cited 1 times | Published

issue is the status of the home in relation to section 192.042(1), Florida Statutes (2001), which provides:

Handelsman v. Royal Trust Bank of Palm Beach, NA

426 So. 2d 1220

District Court of Appeal of Florida | Filed: Feb 9, 1983 | Docket: 1283599

Cited 1 times | Published

DOWNEY and ANSTEAD, JJ., concur. NOTES [1] Section 192.042(1) provides: Date of assessment. All property

ROBERT FREHLING v. PEDRO J. GARCIA, etc.

District Court of Appeal of Florida | Filed: Oct 4, 2023 | Docket: 67853828

Published

with an effective date of January 1, 2021. See § 192.042(1), Fla. Stat. (2023). 8 Although the implementing

Bill Furst, etc. v. Susan K. DeFrances

Supreme Court of Florida | Filed: Sep 2, 2021 | Docket: 60333809

Published

Florida, ad valorem taxes are assessed annually. § 192.042, Fla. Stat. (2020).

Edward A. Crapo, in his capacity as Alachua County Property Appraiser v. Academy for Five Element Acupuncture, Inc., a Florida Non-Profit Corporation

District Court of Appeal of Florida | Filed: Jul 8, 2019 | Docket: 15885445

Published

determined on January 1 of each year. See Section 192.042, Florida Statutes (1973). This is the date

Dan Sowell, etc. v. Panama Commons L.P.

192 So. 3d 27, 41 Fla. L. Weekly Supp. 249, 2016 WL 3090403, 2016 Fla. LEXIS 1149

Supreme Court of Florida | Filed: Jun 2, 2016 | Docket: 3069353

Published

District reached this conclusion by relying on section 192.042, Florida Statutes (2013); however, that section

Marshall Stranburg, in his official etc. v. Panama Commons L.P.

160 So. 3d 160

District Court of Appeal of Florida | Filed: Apr 7, 2015 | Docket: 2647623

Published

determined on January 1 of each year under section 192.042, Florida Statutes. Dade Cnty. Taxing Auths

Orange County Property Appraiser v. Sommers

84 So. 3d 1277, 2012 WL 1365061, 2012 Fla. App. LEXIS 6191

District Court of Appeal of Florida | Filed: Apr 20, 2012 | Docket: 60306662

Published

its just value on January 1 of each year. See § 192.042(1), Fla. Stat. Homestead property is treated somewhat

Ago

Florida Attorney General Reports | Filed: Sep 29, 2009 | Docket: 3258545

Published

assess all property located within the county. Section 192.042(1), Florida Statues, provides that real property

Ago

Florida Attorney General Reports | Filed: Sep 24, 2008 | Docket: 3255199

Published

the exemption in s. 196.1978, Fla. Stat.). 6 Section 192.042(1), Fla. Stat. 7 See ss. 196.012(1), 196.192

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Florida Attorney General Reports | Filed: Aug 3, 2006 | Docket: 3255412

Published

tax purposes for the tax year pursuant to section 192.042, Florida Statutes.3 Section196.295, Florida

Klein v. Robbins

934 So. 2d 1294, 31 Fla. L. Weekly Supp. 517, 2006 Fla. LEXIS 1473, 2006 WL 1837916

Supreme Court of Florida | Filed: Jul 6, 2006 | Docket: 64845914

Published

3d DCA 2003) (declaring unconstitutional section 192.042, Florida Statutes (1997)), rev’d, 914 So.2d

In re Litestream Technologies, LLC

337 B.R. 705, 19 Fla. L. Weekly Fed. B 155, 2006 Bankr. LEXIS 222, 46 Bankr. Ct. Dec. (CRR) 22, 2006 WL 360614

United States Bankruptcy Court, M.D. Florida | Filed: Feb 17, 2006 | Docket: 65782855

Published

of the current tax year. Florida Statutes, Section 192.042. The assessment is to be made at “just value

Gilreath v. Westgate Daytona, Ltd.

871 So. 2d 961, 2004 Fla. App. LEXIS 4335, 2004 WL 689285

District Court of Appeal of Florida | Filed: Apr 2, 2004 | Docket: 1709464

Published

assessment must be made as of January 1 pursuant to section 192.042(1), Florida Statutes,[4] the units were improperly

In re Moltech Power Systems, Inc.

296 B.R. 63, 16 Fla. L. Weekly Fed. B 165, 2003 Bankr. LEXIS 838, 41 Bankr. Ct. Dec. (CRR) 173, 2003 WL 21729761

United States Bankruptcy Court, N.D. Florida | Filed: Jun 11, 2003 | Docket: 65782613

Published

November of 1991, in *65truth, however, pursuant to § 192.042 of the Florida Statutes, they were assessed (incurred)

Sunset Harbour North Condominium Ass'n v. Robbins

837 So. 2d 1181, 2003 Fla. App. LEXIS 2170

District Court of Appeal of Florida | Filed: Feb 26, 2003 | Docket: 64820901

Published

$22,000,000.00, arguing that, pursuant to Section 192.042, Florida Statutes, it should have received

Palm Beach Community Church v. Nikolits

835 So. 2d 1274, 2003 Fla. App. LEXIS 1138, 2003 WL 245004

District Court of Appeal of Florida | Filed: Feb 5, 2003 | Docket: 64820189

Published

taxable status of the property was determined, § 192.042, Fla. Stat. (2000), the eleven acres was under

Ago

Florida Attorney General Reports | Filed: Mar 7, 1995 | Docket: 3255463

Published

General RAB/tgh 1 Section 196.001, Fla. Stat. 2 Section 192.042, Fla. Stat. 3 See, Jones v. Life Care of Baptist

Ago

Florida Attorney General Reports | Filed: Jul 9, 1993 | Docket: 3258541

Published

provisions of s. 192.042(1), F.S., apply. Section 192.042(1), F.S., states: All property shall be assessed

Mikos v. Two M. Development Corp.

546 So. 2d 1110, 14 Fla. L. Weekly 1583, 1989 Fla. App. LEXIS 3692, 1989 WL 72109

District Court of Appeal of Florida | Filed: Jun 30, 1989 | Docket: 64643914

Published

substantially completed shell units is in accord with section 192.042(1), Florida Statutes (1987), which provides

St. Joe Paper Co. v. James

429 So. 2d 705, 1983 Fla. App. LEXIS 18604

District Court of Appeal of Florida | Filed: Feb 10, 1983 | Docket: 64596339

Published

property appraiser and is not a violation of Section 192.042, Florida Statutes. 15. ... The issue is whether

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Florida Attorney General Reports | Filed: Mar 24, 1980 | Docket: 3258443

Published

forth in s. 193.511, F. S. AS TO QUESTION 2: Section 192.042, F. S., provides in pertinent part: 192

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Florida Attorney General Reports | Filed: Jan 11, 1977 | Docket: 3257228

Published

tax-day statutes are presently in existence. Section 192.042, F. S., provides that all real property shall

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Florida Attorney General Reports | Filed: Feb 17, 1975 | Docket: 3258961

Published

said districts for 1975. See s.373.149, F.S. Section 192.042, F.S., provides that real and tangible personal

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Florida Attorney General Reports | Filed: Sep 24, 1974 | Docket: 3258967

Published

subject to taxation on the January 1 tax day. Section 192.042, F.S. Absent any authority to the contrary

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Florida Attorney General Reports | Filed: Jul 24, 1974 | Docket: 3257808

Published

1 under general law governs its taxation. Section 192.042(1) and s.192.053, F.S.; 31 Fla. Jur. Taxation

Lake Worth Towers, Inc. v. Gerstung

251 So. 2d 27, 1971 Fla. App. LEXIS 6107

District Court of Appeal of Florida | Filed: Jun 7, 1971 | Docket: 64521599

Published

January. See Section 192.04, F.S.1967 (now Section 192.042, F.S. 1970) and Johnson v. Presbyterian Homes