S.B. 80                                                    VETOES

2. a nonprofit charitable, fraternal, educational, or literary
organization including:

A. a public library that is authorized under Title 23 of the
Education Article; and

B. a men's or women's club that is a nonpolitical and nonstock
club;

3. a corporation or trustee that holds the property for the sole
benefit of an organization that qualifies for an exemption under this section; or

4. a nonprofit housing corporation.

(2) The exemption under paragraph (1)(ii)1. of this subsection includes any
personal property initially leased by a nonprofit hospital for more than 1 year under a
lease that is noncancellable except for cause.

(3) THE EXEMPTION UNDER PARAGRAPH (1) OF THIS SUBSECTION
INCLUDES NOT MORE THAN 100 ACRES OF LAND THAT IS APPURTENANT TO AN
IMPROVEMENT OWNED BY AN EXEMPT ORGANIZATION IF;

(I) THE LAND IS LEASED BY THE EXEMPT ORGANIZATION FOR A
TERM OF AT LEAST 50 YEARS; AND

(II) THE EXEMPT ORGANIZATION IS LIABLE UNDER THE LEASE
FOR THE PROPERTY TAXES IMPOSED ON THE LAND.

(c) (1) Except for a nonprofit hospital, not more than 100 acres of real property
owned by an exempt organization and appurtenant to the premises of the exempt
organization is exempt from property tax, if the property is located outside of a municipal
corporation or Baltimore City.

(2) Not more than 100 acres of real property of a nonprofit hospital that is
appurtenant to the hospital is exempt from property tax.

7-302.

(A) REAL PROPERTY IS NOT SUBJECT TO STATE PROPERTY TAX IF THE
PROPERTY:

(1) IS OWNED BY THE AMERICAN ASSOCIATION OF BLOOD BANKS,
INCORPORATED; OR

(2) IS LEASED BY THE AMERICAN ASSOCIATION OF BLOOD BANKS,
INCORPORATED UNDER A LEASE OF 50 YEARS OR MORE.

(B) THE PROPERTY TAX EXEMPTION UNDER THIS SECTION ONLY APPLIES TO
THAT PORTION OF THE PROPERTY THAT IS NECESSARY FOR AND ACTUALLY USED
EXCLUSIVELY FOR THE CHARITABLE OR EDUCATIONAL PURPOSES OF THE
AMERICAN ASSOCIATION OF BLOOD BANKS, INCORPORATED.

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