SB44-AA45,2,35
70.11
(36) Professional sports and entertainment home stadiums. (a)
6Property consisting of or contained in a sports and entertainment home stadium,
7except a football stadium as defined in s. 229.821 (6);
excluding luxury boxes and 8including but not limited to parking lots, garages, restaurants, parks, concession
9facilities, entertainment facilities, transportation facilities, and other functionally
10related or auxiliary facilities and structures; including those facilities and structures
11while they are being built; constructed by, leased to or primarily used by a
12professional athletic team that is a member of a league that includes teams that have
13home stadiums in other states, and the land on which that stadium and those
1structures and facilities are located. Leasing or subleasing the property; regardless
2of the lessee, the sublessee and the use of the leasehold income; does not render the
3property taxable.
SB44-AA45,2,154
(b) Property consisting of or contained in a football stadium, as defined in s.
5229.821 (6), and related facilities and structures,
excluding luxury boxes and 6including those facilities and structures while they are being built or constructed,
7primarily used by a professional football team described in s. 229.823, and the land,
8including parking lots, on which that stadium and those facilities and structures are
9located. Related facilities and structures are limited to improvements that share
10common structural supports with the stadium or are physically attached to the
11stadium. Using the property for garages, restaurants, parks, concession facilities,
12entertainment facilities, transportation facilities, or other functionally related or
13auxiliary facilities does not render the property taxable. Leasing or subleasing the
14property; regardless of the lessee, the sublessee and the use of the leasehold income;
15does not render the property taxable.".
SB44-AA45,3,218
77.51
(20) "Tangible personal property" means all tangible personal property
19of every kind and description and includes electricity, natural gas, steam and water
20and also leased property affixed to realty if the lessor has the right to remove the
21property upon breach or termination of the lease agreement, unless the lessor of the
22property is also the lessor of the realty to which the property is affixed
; and leased
23or rented luxury boxes in a stadium, arena, or other sports facility. "Tangible
24personal property" also includes coins and stamps of the United States sold or traded
1as collectors' items above their face value and computer programs except custom
2computer programs.".
SB44-AA45,3,5
4"
(5qd) Luxury boxes. The treatment of section 70.11 (36) of the statutes first
5applies to the property tax exemption as of January 1, 2003.".