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A04534 Summary:
| BILL NO | A04534 |
| SAME AS | No Same As |
| SPONSOR | O'Donnell |
| COSPNSR | |
| MLTSPNSR | |
| Amd §420-a, RPT L | |
| Relates to not-for-profit lease of real property; provides that when real property not used exclusively to carry out one or more exempt purposes is leased or otherwise used for commercial for-profit purposes, such property shall be subject to taxation and no portion shall be exempt. | |