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1995 SESSION
(SB709)AMENDMENTS PROPOSED BY THE HOUSE OF DELEGATES TO THE HOUSE SUBSTITUTE
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§ 58.1-3650.621. Property of Young Life of Virginia, Inc.
A. Young Life of Virginia, Inc., a nonprofit corporation, is hereby designated as a charitable and benevolent organization within the context of Section 6 (a) (6) of Article X of the Constitution of Virginia.
B. Property (approximately 273 acres) located in Rockbridge County, owned by Young Life of Virginia, Inc., and used by it exclusively for charitable and benevolent purposes on a nonprofit basis as set forth in subsection A of this section, is hereby determined to be exempt from local taxation.