Florida Statute 315.11 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXII
PORTS AND HARBORS

Chapter 315
PORT FACILITIES FINANCING

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F.S. 315.11

315.11 Exemption from taxation.—As adequate port facilities are essential for the welfare of the inhabitants and the industrial and commercial development of the area within or served by the unit, and as the exercise of the powers conferred by this law to effect such purposes constitutes the performance of proper public and governmental functions, and as such port facilities constitute public property and are used for public purposes, the unit shall not be required to pay any state, county, municipal or other taxes or assessments thereon, whether located within or without the territorial boundaries of the unit, or upon the income therefrom, and any bonds issued under the provisions of this law, their transfer and the income therefrom (including any profit made on the sale thereof) shall at all times be free from taxation within the state. 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. 11, ch. 59-411; s. 8, ch. 73-327.

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Amendments to 315.11

Annotations, Discussions, Cases:

Cases Citing Statute 315.11

Total Results: 2

Canaveral Port Authority v. Department of Revenue

690 So. 2d 1226, 22 Fla. L. Weekly Supp. 529, 1996 Fla. LEXIS 2117, 1996 WL 693611

Supreme Court of Florida | Filed: Dec 5, 1996 | Docket: 2517881

Cited 25 times | Published

alternative, it was exempt from taxation pursuant to section 315.11, Florida Statutes (1991). After a nonjury trial

Dept. of Revenue v. Canaveral Port Auth.

642 So. 2d 1097, 1994 Fla. App. LEXIS 8248, 1994 WL 444886

District Court of Appeal of Florida | Filed: Aug 19, 1994 | Docket: 549227

Cited 6 times | Published

contended that it was exempt from taxation under section 315.11, Florida Statutes (1991).[4] After the non-jury