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2000 SESSION

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009338972
HOUSE BILL NO. 774 Offered January 21, 2000 A BILL to amend the Code of Virginia by adding a section numbered 58.1-3650.848, designating certain organizations to be exempt from property taxation. ----------
Patrons-- Wardrup, Drake, McDonnell, Purkey, Robinson, Suit, Tata and Wagner; Senators: Rerras and Schrock
---------- Consent to introduce ---------- Referred to Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 58.1-3650.848 as follows:

§ 58.1-3650.848. Property of Meals of Virginia Beach, Inc.

A. Meals of Virginia Beach, Inc., a nonprofit corporation, is hereby designated as a benevolent organization within the context of Section 6 (a) (6) of Article X of the Constitution of Virginia.

B. Property located in the City of Virginia Beach, owned by Meals of Virginia Beach, Inc., and used by it exclusively for benevolent purposes on a nonprofit basis as set forth in subsection A of this section, is hereby determined to be exempt from local taxation.