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1999 SESSION
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding sections numbered 58.1-3650.804 and 58.1-3650.805 as follows:
§ 58.1-3650.804. Property of the Central Virginia Education Telecommunication Corporation.
A. The Central Virginia Education Telecommunication Corporation, a nonprofit corporation, is hereby designated as a cultural organization within the context of Section 6 (a) (6) of Article X of the Constitution of Virginia.
B. Property located in Stafford County, owned by the Central Virginia Education Telecommunication Corporation and used by it exclusively for cultural purposes on a nonprofit basis as set forth in subsection A of this section, is hereby determined to be exempt from local taxation.
§ 58.1-3650.805. Property of the Rainbow Center 4-H Therapeutic Equestrian
Program, Inc.
A. The Rainbow Center 4-H Therapeutic Equestrian Program, Inc., a nonprofit corporation, is hereby designated as a religious, charitable and benevolent organization within the context of Section 6 (a) (6) of Article X of the Constitution of Virginia.
B. Property located in Prince William County, owned by the Rainbow Center 4-H Therapeutic Equestrian Program, Inc., and used by it exclusively for religious, 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.