Chapter 199 Intangible Personal Property Taxes
Part I - Nonrecurring Tax (ss. 199.133-199.1851)
- §199.133 Levy of nonrecurring tax.
(1) A one-time nonrecurring tax of 2 mills is hereby imposed on each dollar of the just valuation of all notes, bonds, and other obligations for...
- §199.135 Due date and payment of nonrecurring tax.
The nonrecurring tax imposed on notes, bonds, and other obligations for payment of money secured by a mortgage, deed of trust, or other lien evidenced...
- §199.143 Future advances.
(1) Except as provided in subsection (3), if the mortgage, deed of trust, or other lien is recorded or executed after December 31, 1985, and secures...
- §199.145 Corrective mortgages; assignments; assumptions; refinancing.
(1) Any mortgage, deed of trust, or other lien given to replace a defective mortgage, deed of trust, or other lien, covering the identical real property...
- §199.155 Valuation.
Subject to the provisions of s. 199.133(2), all notes, bonds, and other obligations for payment of money subject to the nonrecurring tax shall be valued...
- §199.183 Taxpayers exempt from nonrecurring taxes.
(1) Intangible personal property owned by this state or any of its political subdivisions or municipalities shall be exempt from taxation under this chapter. This exemption...
- §199.1851 Emergency rulemaking for ch. 2001-371.
The Executive Director of the Department of Revenue is authorized, and all conditions are deemed met, to adopt emergency rules under ss. 120.536(1) and 120.54(4)...
Part II - Administrative, Collection, And Enforcement Procedures
(ss. 199.202-199.303)
- §199.202 Administration of law; rules.
The department shall administer and enforce the assessment and collection of the taxes, interest, and penalties imposed by this chapter. It may by rule prescribe...
- §199.212 All state agencies to cooperate in administration of law.
The department may call on any state, county, or municipal agency, department, bureau, or board for any information which may, in the department's judgment, assist...
- §199.218 Books and records.
Each taxpayer shall retain all books and other records necessary to identify the taxpayer's intangible personal property and to determine any tax due under this...
- §199.232 Powers of department.
(1)(a) The department may audit the books and records of any person to determine whether a nonrecurring tax has been properly paid. (b) An audit is commenced...
- §199.262 Tax liens and garnishment.
(1) When any tax imposed by this chapter becomes delinquent, or is otherwise in jeopardy, the department shall issue a warrant for the full amount of...
- §199.272 Suits for violation of this chapter; jurisdiction and service.
(1) All suits brought by the department against any person for any violation of this chapter shall be brought in the circuit courts of this state....
- §199.282 Penalties for violation of this chapter.
(1) Any person willfully violating or failing to comply with any of the provisions of this chapter shall be guilty of a felony of the third...
- §199.292 Disposition of intangible personal property taxes.
All intangible personal property taxes collected pursuant to this chapter, except for revenues derived from the annual tax on a leasehold described in s. 199.023(1)(d),...
- §199.303 Declaration of legislative intent.
(1) If any section, subsection, sentence, clause, phrase, or word of this chapter is for any reason held or declared to be unconstitutional, invalid, inoperative, ineffective,...
