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1995 SESSION

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HB 846 Income from tax exempt property.

Introduced by: Harvey B. Morgan | all patrons    ...    notes | add to my profiles

SUMMARY:

Income from tax exempt property. Requires that real property owned by a tax exempt entity and which produces unrelated business taxable income be subject to taxation in the jurisdiction in which it is located; however, if the amount of unrelated business taxable income is less than the amount of real property tax which would be due, the property will not be taxed.

FULL TEXT

• 01/25/94  House: Presented and ordered printed  pdf

HISTORY

• 01/25/94  House: Presented and ordered printed
• 01/25/94  House: Referred to Committee on Finance
• 01/27/94  House: Assigned to Finance sub-committee: 2
• 02/07/94  House: Continued to 1995 in Finance (21-Y 0-N)
• 12/20/94  House: No action taken by Finance by voice vote