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United States: Florida's Live Local Act And Important Tax Exemption Deadlines - Holland & Knight
Credit: Mondaq- Published on October 3, 2023
Florida Senate Bill 102, commonly referred to as the Live Local Act (the Act), provides that certain developments will be eligible for a 75 percent or 100 percent ad valorem tax exemption (also known as the "Missing Middle" Property Tax exemption), depending on the level of rent restriction for the units.