Election: Nov. 6, 2018 (General)
Outcome: Passed
Categories:
Housing and PropertyThis proposal clarifies that the existing exemption from ad valorem taxation for nonprofit homes for the mentally disabled applies even when financing for construction or renovation of the homes is provided by a business corporation or other entity.
Shall the Act be approved which provides an exemption from ad valorem taxes on nonprofit homes for the mentally disabled if they include business corporations in the ownership structure for financing purposes?
Yes ( ) No ( )