WILLIAM DONALD SCHAEFER, Governor Ch. 743

(iii) is leased for not more than 60 days
during any 12-month period, if:

1.  the property is used for a purpose
that is related to the purposes of the fire company or rescue
squad; and

2.  the rent that is received from the
property is used exclusively for the purposes of the fire company
or rescue squad; [or]

(iv) is leased to any nonprofit organization,
if:

1.  the property is used for a purpose
that is related to the purposes of the fire company or rescue
squad; and

2.  the rent that is received from the
property is used exclusively for the purposes of the fire company
or rescue squad; OR

(V) IS USED AS A RESIDENCE FOR AN INDIVIDUAL
WHO:

1.   IS RESPONSIBLE FOR TAKING CARE OF
PROPERTY OWNED BY THE FIRE COMPANY OR RESCUE SQUAD;

2.   IS A MEMBER OF THE FIRE COMPANY OR
RESCUE SQUAD;

3.   IS NOT AN EMPLOYEE OF THE FIRE COMPANY
OR RESCUE SQUAD; AND

4.  IS NOT UNDER AN OBLIGATION TO PAY FOR
THE USE OF THE PROPERTY.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989, and shall be applicable to all taxable
years beginning after June 30, 1989.

Approved May 25, 1989.

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