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1996 SESSION

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966568655
SENATE BILL NO. 75 Senate Amendments in [ ] -- January 26, 1996 A BILL to amend the Code of Virginia by adding sections numbered 58.1-3650.650 and 58.1-3650.651, designating certain organizations to be exempt from property taxation. ----------
Patrons-- Edwards, Goode, Marsh and Newman; Delegates: Cranwell, Griffith and Thomas
---------- 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 sections numbered 58.1-3650.650 and 58.1-3650.651 as follows:

§ 58.1-3650.650. Property of Habitat for Humanity in the Roanoke Valley, Inc.

A. Habitat for Humanity in the Roanoke Valley, Inc., a nonprofit corporation, is hereby designated as a charitable [ or 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 Roanoke, owned by Habitat for Humanity in the Roanoke Valley, Inc., and used by it exclusively for charitable [ or benevolent ] purposes on a nonprofit basis as set forth in subsection A of this section, is hereby determined to be exempt from local taxation.

§ 58.1-3650.651. Property of Crisis Pregnancy Center of Roanoke Valley, Inc.

A. The Crisis Pregnancy Center of Roanoke Valley, Inc., a nonprofit organization, is hereby designated as a charitable [ or 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 Roanoke, owned by the Crisis Pregnancy Center of Roanoke Valley, Inc., and used by it exclusively for charitable [ or benevolent ] purposes on a nonprofit basis as set forth in subsection A of this section, is hereby determined to be exempt from local taxation.