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1995 SESSION

LD8574726
SENATE BILL NO. 698
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--Quayle and Lucas
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Referred to the 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 Girls Incorporated, Center for Youth of Southwest Hampton Roads.

A. Girls Incorporated, Center for Youth of Southwest Hampton Roads, 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 in the City of Portsmouth, owned by Girls Incorporated, Center for Youth of Southwest Hampton Roads 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.