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NEWS DETAILS
| Take Our Poll on Real Property Tax Exemption |
| 1/31/2011 |
Let Us Know What You Think: Take Our Nonprofit Policy Poll!
According to our state constitution, 501c3 organizations which own real property and use it exclusively for specified charitable purposes are entitled to property tax-exemption.
Many communities in the state have been complaining that their tax base and their potential for economic development are being harmed by nonprofit property (such as camps and churches) that has been unused or functionally vacated for years and is deteriorating.
Do you support legislation that would put a 7 year limit to the real property tax exemption for unused property? |
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