FL H0361

Leasehold interests and improvements on land owned by the United States, U.S. Armed Forces branches, or federal agencies are exempt from ad valorem taxation when acquired or constructed under the federal Military Housing Privatization Initiative of 1996 (10 U.S.C. ss. 2871 et seq.)

"Improvements" includes housing units, maintenance facilities, rental and management offices, parks, community centers, and recreational facilities directly related to military housing

Exemption applies automatically without requiring an application to be filed or approval from the property appraiser

Does not apply to transient public lodging establishments or affect existing municipal services agreements with municipalities or counties

Applies retroactively to January 1, 2007, with an effective date of July 1, 2015