Property taxes.

Authors: Representative Vernon Smith

Co-authors: Representative Randy Truitt


Permits the department of local government finance, with the approval of the attorney general, to waive all or part of the property taxes imposed on property owned by a: (1) nonprofit corporation organized for educational, literary, scientific, religious, or charitable purposes; or (2) nonprofit entity, other than a corporation, that is organized as a church or religious entity. Provides that certain requirements must be met before a taxpayer's property tax liability may be waived.