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line 1 (e)  Property used exclusively for religious, charitable, scientific, <br /> line 2 or hospital purposes and owned and operated by religious, hospital, <br /> line 3 scientific, or charitable funds, foundations, limited liability <br /> line 4 companies, or corporations or educational institutions of collegiate <br /> line 5 grade, as defined in Section 203, which property and funds, <br /> line 6 foundations, limited liability companies, corporations, or <br /> line 7 educational institutions meet all of the requirements of subdivision <br /> line 8 (a), shall be deemed to be within the exemption provided for in <br /> line 9 subdivision (b) of Section 4 and Section 5 of Article XIII of the <br /> line 10 California Constitution and this section. As to educational <br /> line 11 institutions of collegiate grade, as defined in Section 203, the <br /> line 12 requirements of paragraph (6) of subdivision (a) shall be deemed <br /> line 13 to be met if both of the following are met: <br /> line 14 (1)  The property of the educational institution is irrevocably <br /> line 15 dedicated in its articles of incorporation to charitable and <br /> line 16 educational purposes, to religious and educational purposes, or to <br /> line 17 educational purposes. <br /> line 18 (2)  The articles of incorporation of the educational institution <br /> line 19 provide for distribution of its property upon its liquidation, <br /> line 20 dissolution, or abandonment to a fund, foundation, or corporation <br /> line 21 organized and operated for religious, hospital, scientific, charitable, <br /> line 22 or educational purposes meeting the requirements for exemption <br /> line 23 provided by Section 203 or this section. <br /> line 24 (f)  Property used exclusively for housing and related facilities <br /> line 25 for elderly or handicapped families and financed by, including, <br /> line 26 but not limited to, the federal government pursuant to Section 202 <br /> line 27 of Public Law 86-372 (12 U.S.C. Sec. 1701q), as amended, Section <br /> line 28 231 of Public Law 73-479 (12 U.S.C. Sec. 1715v), Section 236 of <br /> line 29 Public Law 90-448 (12 U.S.C. Sec. 1715z), or Section 811 of <br /> line 30 Public Law 101-625 (42 U.S.C. Sec. 8013), and owned and <br /> line 31 operated by religious, hospital, scientific, or charitable funds, <br /> line 32 foundations, limited liability companies, or corporations meeting <br /> line 33 all of the requirements of this section shall be deemed to be within <br /> line 34 the exemption provided for in subdivision (b) of Section 4 and <br /> line 35 Section 5 of Article XIII of the California Constitution and this <br /> line 36 section. <br /> line 37 The amendment of this paragraph made by Chapter 1102 of the <br /> line 38 Statutes of 1984 does not constitute a change in, but is declaratory <br /> line 39 of, existing law. However, no refund of property taxes shall be <br />96 <br />— 22 —AB 975 <br />