Tax Type
Property Tax
Description
Exemptions;Recently Exempted Property;Taxability
Topic
Property Subject to Tax
Date Issued
05-24-1973
Property of various nonprofit organizations exempted from tax under Ch. 438, Laws of 1973, effective June 1, 1973, remains taxable for the full 1973 calendar year. Taxable status of property is determined as of January 1 of each year. The only exception to this rule applies to property acquired by the United States, the State, a church or religious organization.
Attorney General's Opinion