SPONSOR:

Rep. Bush

HOUSE OF REPRESENTATIVES

150th GENERAL ASSEMBLY

HOUSE BILL NO. 362

AN ACT TO AMEND TITLE 9 OF THE DELAWARE CODE RELATING TO TAX EXEMPT NOT-FOR-PROFIT ORGANIZATIONS.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend § 8106(a), Title 9 of the Delaware Code by making deletions as shown by strike through and insertions as shown by underline as follows:

(a) No real property owned and used by the organizations listed below or for the purposes stated below, except that which is held by way of investment, shall be liable to taxation and assessment for public purposes by any county or other political subdivision of this State.

God’s Way Ministries Inc.

SYNOPSIS

This Bill adds God's Way Ministries Inc. to the list of not-for-profit organizations exempt from real property taxation.