§ 192.042, Fla. Stat. · Chapter 192. TAXATION: GENERAL PROVISIONS
Date of assessment.
Text — 2026 Florida Statutes
All property shall be assessed according to its just value as follows:
(1) Real property, on January 1 of each year. Improvements or portions not substantially completed on January 1 shall have no value placed thereon. “Substantially completed” shall mean that the improvement or some self-sufficient unit within it can be used for the purpose for which it was constructed.
(2) Tangible personal property, on January 1, except construction work in progress shall have no value placed thereon until substantially completed as defined in s. 192.001(11)(d).
Notes and commentary — not statutory text
History
s. 4, ch. 70-243; s. 57, ch. 80-274; s. 9, ch. 81-308; s. 5, ch. 2006-312.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0100-0199/0192/0192.html
- Text hash
- sha256 632af20e1f487cbc55eeb586118d147046d0f622a1c025d8e7bd190e5947b631
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
Cited by 5 provisions
Provisions in this library whose text cites § 192.042, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 193.461, Fla. Stat.Agricultural lands; classification and assessment; mandated eradication or quarantine program; natural disasters.Printed as s. 192.042
- § 193.4613, Fla. Stat.Agricultural lands used in production of aquaculture; assessment.Printed as s. 192.042
- § 196.1978, Fla. Stat.Affordable housing property exemption.Printed as s. 192.042(1)
- § 196.19782, Fla. Stat.Exemption for affordable housing on governmental property.Printed as s. 192.042(1)
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.