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2002 SESSION

024953408
SENATE BILL NO. 15
Offered January 9, 2002
Prefiled December 13, 2001
A BILL to amend the Code of Virginia by adding in Article 4 of Chapter 36 of Title 58.1 a section numbered 58.1-3650.961, designating certain organizations to be exempt from property taxation.
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Patron-- Chichester
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Referred to Committee on Finance
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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 58.1-3650.961 as follows:

§ 58.1-3650.961. Property of Stafford Recreational Soccer League.

A. The Stafford Recreational Soccer League, a nonprofit organization, is hereby designated as a public park and playground organization within the context of Section 6(a)(6) of Article X of the Constitution of Virginia.

B. Real and personal property located in Stafford County, owned by the Stafford Recreational Soccer League and used by it exclusively for public park and playground purposes on a nonprofit basis as set forth in subsection A, is hereby determined to be exempt from local taxation.