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1995 SESSION

LD8569178
HOUSE BILL NO. 1605
Offered January 11, 1995
A BILL to amend the Code of Virginia by adding a section numbered 58.1-3650.610, designating certain organizations to be exempt from property taxation.
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Patrons--Crittenden, Behm, Christian, Connally, Cooper, Darner and Hall; Senators: Maxwell and Norment
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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 a section numbered 58.1-3650.610 as follows:

§ 58.1-3650.610. Property of Association of Retarded Citizens of the Peninsula, Inc.

A. Association of Retarded Citizens of the Peninsula, 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 located at 208 Saddler Drive in the City of Newport News, owned by the Association of Retarded Citizens of the Peninsula, 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.