FINAL BILL REPORT

SB 5009

                                   C 31 L 87

BYSenators McDermott, Smitherman, Warnke, Garrett, Lee, Rasmussen, West and Moore

Exempting outpatient dialysis facilities from property taxation.

Senate Committee on Ways & Means

House Committe on Ways & Means

SYNOPSIS AS ENACTED

BACKGROUND:

In order to reduce expenses of nonprofit human service facilities, real and personal property of nonprofit day care centers, free public libraries, orphanages, homes for the aged, homes for the sick or infirm, and hospitals for the sick are exempt from property taxation.

SUMMARY:

The real and personal property of nonprofit outpatient dialysis facilities are exempt from property taxation.  This exemption applies to owned and leased equipment.

VOTES ON FINAL PASSAGE:

      Senate    44     0

      House 95   0

EFFECTIVE:July 26, 1987