Exempts property owned by qualifying nonprofit organizations from property tax if used by government entities for social services.

This bill provides a property tax exemption for property owned by qualifying nonprofit organizations and loaned, leased, or rented to government entities for character-building, benevolent, protective, or rehabilitative social services. The exemption applies to nonprofits providing services to persons of all ages and those serving boys and girls up to 21 years old. The exemption applies to taxes levied for collection in 2026 and thereafter.

Exempts property owned by qualifying nonprofit organizations from property tax if used by government entities for social services.

This bill provides a property tax exemption for property owned by qualifying nonprofit organizations and loaned, leased, or rented to government entities for character-building, benevolent, protective, or rehabilitative social services. The exemption applies to nonprofits providing services to persons of all ages and those serving boys and girls up to 21 years old. The exemption applies to taxes levied for collection in 2026 and thereafter.