The following described interests in property owned by the United States, of this state, or any of its political subdivisions, or of municipalities, agencies, authorities and other public bodies corporate of this state, used by non-governmental lessees, are subject to ad valorem taxation, as provided in Fl. Admin. Code R. 12D-3.003, subject to the provisions of Florida Statutes § 196.199(5)
    (1) Any leasehold estates or possessory interest subject to classification pursuant to § 4(a), Article VII of the  Constitution of the State of Florida.
    (2) Property which is originally leased for 100 years or more, exclusive of renewal options.
    (3) Property financed, acquired or maintained utilizing in whole or in part funds acquired through issuance of bonds pursuant to Chapter 159, Parts II, III and V, F.S.
    (4) Leasehold interests and leasehold estates or any possessory interest created thereby where:
    (a) The lessee does not serve or perform a governmental, municipal, or public purpose or function defined in Florida Statutes § 196.012(6);
    (b) The lessee does not use the property exclusively for literary, scientific, religious, or charitable purposes;
    (c) The property is not property described in subsections 12D-3.002(1), 12D-3.002(2) and 12D-3.002(3), F.A.C.;
    (d) The property is undeveloped or predominantly used for commercial or residential purposes.
Rulemaking Authority Florida Statutes § 195.027(1), 213.06(1) FS. Law Implemented 196.001, 196.199 FS. History-New 12-31-80, Formerly 12D-3.02.