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Committee backs amendment to limit tangible personal property exemption for agricultural land
Summary
The Finance and Tax Committee approved an amendment to SJR 318 and reported the joint resolution favorably. The measure would place on the ballot an exemption for certain tangible personal property used on land classified as agricultural and used in agricultural production or agritourism.
The Senate Finance and Tax Committee on Thursday approved CS for SJR 318, a proposed constitutional amendment that would, if passed by the Legislature and approved by voters, provide an ad valorem exemption for certain tangible personal property (TPP) located on land classified as agricultural and used in agricultural production or agritourism.
Senator Trudeau introduced the joint resolution, explaining it would place before voters an exemption limited to “tangible personal property that must be located on properties classified as agricultural land [and] must be used in the production of agricultural products or agritourism owned by the landowner or leaseholder of an agricultural of the agricultural land.”
The committee considered and adopted Amendment 722920 (explained in committee by Senator Trunnell), which removed a requirement that the language be implemented by general law, clarified the reference to land classified as agricultural, and added a requirement that TPP be “habitable, located, or typically present on land classified as agricultural” to qualify. Trunnell said the amendment also allows the Legislature to enact general law to define conditions or limitations.
Committee discussion briefly addressed what kinds of equipment the amendment would cover. Senator Passadoma asked whether the amendment would reach large, stationary equipment that was not moved; Senator Trunnell replied that agricultural producers frequently move equipment between properties and the amendment was intended to cover movable equipment used in production.
Appearance forms filed in support included representatives from the Farm Bureau and the Florida Chamber of Commerce. After closing remarks the committee adopted the amendment and, by roll call, reported CS for SJR 318 favorably.
The committee record does not include a fiscal estimate in the hearing transcript; proponents framed the measure as clarifying the greenbelt/agricultural classification and reducing burdens on farmers.
