(1) For purposes of ad valorem taxation, and applying to the 2025 tax roll only, tangible personal property owned and operated by a citrus packinghouse or processor is deemed to have a market value no greater than its value for salvage, provided the tangible personal property is no longer used in the operation of the facility due to citrus greening.
(2) As used in this section, the term:
(a) “Citrus” has the same meaning as provided in s. 581.011.
(b) “Packinghouse” has the same meaning as provided in s. 601.03.
(c) “Processor” has the same meaning as provided in s. 601.03.
(3) For assessment pursuant to this section, an applicant must file an application with the property appraiser on or before August 1, 2025.
(4) If the property appraiser denies an application, the applicant may file, pursuant to s. 194.011(3), a petition with the value adjustment board which requests that the tangible personal property be assessed pursuant to this section. Such petition must be filed on or before the 25th day after the mailing by the property appraiser during the 2025 calendar year of the notice required under s. 194.011(1).