| http://www.w3.org/ns/prov#value | - Authorization to Exempt from Ad Valorem Taxation Tangible Personal Property. (a) To promote economic development in this state, the legislature by general law may exempt from ad valorem taxation goods, wares, merchandise, other tangible personal property, and ores, other than oil, natural gas, and other petroleum products, if: (1) the property is acquired in or imported into this state to be forwa
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