December 01, 2020
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The Florida Statutes

The 2009 Florida Statutes

Title XIV
Chapter 197
View Entire Chapter
Section 197.3071, Florida Statutes 2009

197.3071  Eligibility for tax deferral.--The tax deferral authorized by this section is applicable only on a pro rata basis to the ad valorem taxes levied on residential units within a property which meet the following conditions:

(1)  Units for which the monthly rent along with taxes, insurance, and utilities does not exceed 30 percent of the median adjusted gross annual income as defined in s. 420.0004 for the households described in subsection (2).

(2)  Units that are occupied by extremely-low-income persons, very-low-income persons, low-income persons, or moderate-income persons as these terms are defined in s. 420.0004.

History.--s. 6, ch. 2007-198.

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