FL H0121

Amends section 193.461, Florida Statutes to allow participation in water retention programs to qualify as nonincome-producing agricultural uses under certain conditions.

Land taken out of production by state or federal eradication or quarantine programs converted to fallow or other nonincome-producing uses shall be assessed at a de minimis value of up to $50 per acre using single-year assessment methodology.

Participation in a water management district-sponsored water retention program requiring land flooding qualifies as nonincome-producing use if owner payments do not exceed reasonable program participation expenses.

The water retention program classification provision expires on December 31, 2020.

Bill takes effect July 1, 2014.