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S08548 Summary:

BILL NOS08548
 
SAME ASNo Same As
 
SPONSORWEIK
 
COSPNSR
 
MLTSPNSR
 
Amd §420-a, RPT L
 
Relates to the payment of property taxes to municipalities by hospitals considered nonprofit organizations; requires hospitals that would typically be exempt from property taxes based on nonprofit status to pay 75 percent of its annual property taxes to the municipality in which it sits in order to offset the impact of the exemption.
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