Bill No.: SF0021                  Drafter:  JDA

LSO No.:  11LSO-0039              Effective Date:  7/1/2011

Enrolled Act No.:  SEA0019

Chapter No.:       44

Prime Sponsor:     Senator Geis

Catch Title:       Property tax exemption for nonprofit museum.

Subject:  Property tax exemption for museums.

Summary/Major Elements:

· Under current law property for schools, orphan asylums and hospitals are exempt from property tax if the property is not used for private profit.

· This legislation adds property used for museums to the property tax exemption to the extent it is not used for private profit.