Florida Statutes § 196.2002 — Exemption for s. 501(c)(12) not-for-profit water and wastewater systems.
Search Florida StatutesFrom the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.
Property of any not-for-profit water and wastewater corporation which holds a current exemption from federal income tax under s. 501(c)(12) of the Internal Revenue Code, as amended, shall be exempt from ad valorem taxation if the sole or primary function of the corporation is to construct, maintain, or operate a water and/or wastewater system in this state.
History
History.—s. 1, ch. 2000-355.
Source captured on 2026-10-10. Read the official chapter.