CopyCited 18 times | Published | Supreme Court of Florida | 1997 WL 311864
...d used exclusively for exempt purposes shall be totally exempt from ad valorem taxation." Because the Authority is using the project for the purposes authorized by chapter 243, part II, it argues that the project is entitled to a tax exemption under section 243.33, which reads as follows: 243.33 Tax exemption.The exercise of the powers granted by this part will be in all respects for the benefit of the people of this state, for the increase of their commerce, welfare and prosperity, and for the improvement of their health and living...
...m taxation because the Authority is the equitable owner. [1] At the outset, we note that among the powers given to the Authority, it is authorized to lease property as a lessee or lessor. §
243.22(5)(a), Fla. Stat. (1991). Moreover, the language of section
243.33 is broadly stated....
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