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2001 SESSION

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011324420
SENATE BILL NO. 1118 Senate Amendments in [ ] -- January 22, 2001 A BILL to amend the Code of Virginia by adding in Article 4 of Chapter 36 of Title 58.1 a section numbered 58.1-3650.905, designating certain organizations to be exempt from property taxation. ---------- Patrons Prior to Engrossment--Senator Edwards; Delegate: Woodrum ---------- Referred to Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Article 4 of Chapter 36 of Title 58.1 a section numbered 58.1-3650.905 as follows:

§ 58.1-3650.905. Property of DePaul Family Services, Inc.

A. DePaul Family Services, Inc., a nonprofit corporation, is hereby designated as a charitable, educational and recreational organization within the context of Section 6(a)(6) of Article X of the Constitution of Virginia.

B. Real property (Tax Parcel No. 28.13-1-27.3) located in Roanoke County, owned by DePaul Family Services, Inc. and used by it exclusively for charitable, educational and [ recreational benevolent ] purposes on a nonprofit basis as set forth in subsection A of this section, is hereby determined to be exempt from local taxation.