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1996 SESSION

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962067705
SENATE BILL NO. 71 Senate Amendments in [ ] -- January 26, 1996 A BILL to amend the Code of Virginia by adding a section numbered 58.1-3650.650, designating certain organizations to be exempt from property taxation. ---------- Patron-- Maxwell ---------- Referred to the Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 58.1-3650.650 as follows:

§ 58.1-3650.650. Property of [ Virginia ] Peninsula Shelter for Abused Children, Inc., t/a Safehaven.

A. [ Virginia ] Peninsula Shelter for Abused Children, Inc., t/a Safehaven, 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 12749 Nettles Drive in the City of Newport News, owned by [ Virginia ] Peninsula Shelter for Abused Children, Inc., t/a Safehaven, 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.