FL H0901

Amends section 193.0235, Florida Statutes, to require separate assessment of common elements in subdivisions that are located in a different county, municipality, special district, or water management district than the subdivision itself.

Prohibits property appraisers from prorating the value of such cross-jurisdictional common elements and including them in the assessment of individual subdivision lots.

Requires ad valorem taxes and non-ad valorem assessments to be assessed directly against the separately valued common element property rather than distributed among lot owners.

Takes effect January 1, 2015.