Florida Statute 199.133 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XIV
TAXATION AND FINANCE

Chapter 199
INTANGIBLE PERSONAL PROPERTY TAXES

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F.S. 199.133

199.133 Levy of nonrecurring tax.—

(1) A one-time nonrecurring tax of 2 mills is hereby imposed on each dollar of the just valuation of all notes, bonds, and other obligations for payment of money which are secured by mortgage, deed of trust, or other lien upon real property situated in this state. This tax shall be assessed and collected as provided by this chapter.

(2) The nonrecurring tax shall apply to a note, bond, or other obligation for payment of money only to the extent it is secured by mortgage, deed of trust, or other lien upon real property situated in this state. Where a note, bond, or other obligation is secured by personal property or by real property situated outside this state, as well as by mortgage, deed of trust, or other lien upon real property situated in this state, then the nonrecurring tax shall apply to that portion of the note, bond, or other obligation which bears the same ratio to the entire principal balance of the note, bond, or other obligation as the value of the real property situated in this state bears to the value of all of the security; however, if the security is solely made up of personal property and real property situated in this state, the taxpayer may elect to apportion the taxes based upon the value of the collateral, if any, to which the taxpayer by law or contract must look first for collection. In no event shall the portion of the note, bond, or other obligation which is subject to the nonrecurring tax exceed in value the value of the real property situated in this state which is the security.

History.—s. 10, ch. 85-342; s. 10, ch. 2006-312.

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F.S. 199.133 on Casetext

Amendments to 199.133

Arrestable Offenses / Crimes under Fla. Stat. 199.133

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 199.133.

Annotations, Discussions, Cases:

Cases Citing Statute 199.133

Total Results: 9

ANAMARIE M. SCHROEDER A/K/A ANAMARIA M. SCHROEDER, etc. v. MTGLQ INVESTORS, L.P.

Court: Fla. Dist. Ct. App. | Date Filed: 2020-02-11T23:53:00-08:00

Snippet: is that I understand sections 201.08(1)(b) and 199.133(1), Florida Statutes (2018), cited by the majority

Nikooie v. JPMorgan Chase Bank, N.A.

Court: Fla. Dist. Ct. App. | Date Filed: 2014-12-10T00:00:00-08:00

Citation: 183 So. 3d 424, 2014 Fla. App. LEXIS 20020, 2014 WL 6911148

Snippet: other real property situated in this state.” § 199.133(1), Fla. Stat. (2005). The practical effect of

First Coast Community Bank v. Cheshire Contractors of Nassau, Inc.

Court: Fla. Dist. Ct. App. | Date Filed: 2003-11-21T00:00:00-08:00

Citation: 863 So. 2d 362, 2003 Fla. App. LEXIS 17725, 2003 WL 22735473

Snippet: mortgage are set by other statutes, such as section 199.133, Florida Statutes, without limitation as to the

Miami-Dade Police Department v. Martinez

Court: Fla. Dist. Ct. App. | Date Filed: 2003-03-04T23:53:00-08:00

Citation: 838 So. 2d 672

Snippet: "), cert. denied, 516 U.S. 874, 116 S.Ct. 199, 133 L.Ed.2d 133 (1995). Because cases like Martin

Great Western Bank v. Shoemaker

Court: Fla. Dist. Ct. App. | Date Filed: 1997-05-16T00:53:00-07:00

Citation: 695 So. 2d 805

Snippet: 1995), that Florida's intangible tax, section 199.133, Florida Statutes (1995), may be excluded from

Central Florida Investments, Inc. v. Department of Revenue

Court: Fla. Dist. Ct. App. | Date Filed: 1995-03-03T00:00:00-08:00

Citation: 652 So. 2d 1162, 1995 Fla. App. LEXIS 2059, 1995 WL 84553

Snippet: CFI pays the intangible tax pursuant to sections 199.133-199.135, Florida Statutes, it contends that it

West Flagler Associates, Ltd. v. Department of Revenue

Court: Fla. Dist. Ct. App. | Date Filed: 1994-03-15T00:00:00-08:00

Citation: 633 So. 2d 555, 1994 Fla. App. LEXIS 2283, 1994 WL 81884

Snippet: reverse. The question before us is whether section 199.133, Florida Statutes (1989), applies to an unconditional…intangible personal property tax under section 199.133, Florida Statutes (1989), in the amount of $31,…intangible personal property tax under section 199.133, Florida Statutes (1989), in the amount of $17,…guaranties are not within the scope of section 199.133. The trial court entered summary judgment in favor…Department of Revenue. This appeal follows. Subsection 199.133(1), Florida Statutes (1989), provides: A one-time

Ago

Court: Fla. Att'y Gen. | Date Filed: 1987-04-08T00:53:00-07:00

Snippet: fee, compare, s.365.171(13)(a), F.S., with s. 199.133, F.S., which imposes a one-time nonrecurring tax

Arnold v. State Ex Rel. Mallison

Court: Fla. | Date Filed: 1941-05-30T00:00:00-08:00

Citation: 2 So. 2d 874, 147 Fla. 324

Snippet: State ex rel. Voris v. City of Seattle, 74 Wn. 199, 133 P. 11; 4 A. L. R. 198, and annotations at pages