FL S1214

Specifies that only property portions used predominantly for charitable, religious, scientific, or literary purposes qualify for ad valorem tax exemption.

Clarifies that property portions not used predominantly for these purposes are not exempt from ad valorem taxation.

Establishes that tax exemptions for qualifying property portions remain unaffected as long as the predominant use continues to be for charitable, religious, scientific, or literary purposes.

Amendments apply to taxable years beginning January 1, 2022, and do not provide basis for retroactive tax assessments, refunds, or credits for taxes paid before the effective date.

Takes effect July 1, 2021.