Fla. Stat. 380.0673
Exemption from taxes and eligibility as investment

(1)

The property of the land authority and the transactions and operations thereof and the income therefrom shall be exempt from taxation by the state and its political subdivisions. The exemption granted by this subsection shall not apply to any tax imposed by chapter 220 on interest, income, or profits on debt obligations owned by corporations.

(2)

All bonds of the land authority shall be and constitute legal investments without limitation for all public bodies of this state; for all banks, trust companies, savings banks, savings associations, savings and loan associations, and investment companies; for all administrators, executors, trustees, and other fiduciaries; for all insurance companies and associations and other persons carrying on an insurance business; and for all other persons whatsoever who are now or may hereafter be authorized to invest in bonds or other obligations of the state and shall be and constitute eligible securities to be deposited as collateral for the security of any state, county, municipal, or other public funds. This subsection shall be considered as additional and supplemental authority and shall not be limited without specific reference hereto.

Source: Section 380.0673 — Exemption from taxes and eligibility as investment, https://www.­flsenate.­gov/Laws/Statutes/2024/0380.­0673 (accessed Aug. 7, 2025).

380.04
Definition of development 380.05
Areas of critical state concern 380.06
Developments of regional impact 380.07
Florida Land and Water Adjudicatory Commission 380.08
Protection of landowners’ rights 380.11
Enforcement 380.12
Rights unaffected by ch. 75-22 380.012
Short title 380.021
Purpose 380.031
Definitions 380.032
State land planning agency 380.045
Resource planning and management committees 380.051
Coordinated agency review 380.055
Big Cypress Area 380.061
The Florida Quality Developments program 380.085
Judicial review relating to permits and licenses 380.093
Resilient Florida Grant Program 380.095
Dedicated funding for conservation lands, resiliency, and clean water infrastructure 380.115
Vested rights and duties 380.0551
Green Swamp Area 380.0552
Florida Keys Area 380.0553
Brevard Barrier Island Area 380.0555
Apalachicola Bay Area 380.0651
Statewide guidelines, standards, and exemptions 380.0655
Expedited permitting process for marina projects reserving 10 percent or more boat slips for public use 380.0657
Expedited permitting process for economic development projects 380.0661
Legislative intent 380.0662
Definitions 380.0663
Land authority 380.0664
Quorum 380.0665
Executive director 380.0666
Powers of land authority 380.0667
Advisory committee 380.0668
Bonds 380.0669
State and local government liability on bonds 380.0671
Annual report 380.0672
Conflicts of interest 380.0673
Exemption from taxes and eligibility as investment 380.0674
Corporate existence 380.0675
Inconsistent provisions of other laws superseded 380.0685
State park in area of critical state concern in county which creates land authority 380.0933
Florida Flood Hub for Applied Research and Innovation 380.0935
Resilient Florida Trust Fund 380.0937
Public financing of construction projects within areas at risk due to sea level rise

Current through Fall 2025

§ 380.0673. Exemption from taxes & eligibility as investment's source at flsenate​.gov