Florida's 'Agricultural Land Classification' (Greenbelt Law) assessment benefit is recaptured through a 'rollback' tax when the property:

Explanation

When property with agricultural classification changes to a non-agricultural use, Florida imposes a rollback tax equal to the difference between taxes that would have been paid at the full assessed value and what was actually paid under the agricultural classification, for up to 5 years prior. This recapture prevents abuse of the agricultural classification for tax savings without genuine agricultural use.