36 U.S.C. § 151106 — Tax exemption
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 137 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Real property of the corporation is exempt from taxation if it is—
located in the District of Columbia;
used for the purposes provided in section 151102 of this title; and
not used to produce income.
Personal property of the corporation is exempt from taxation if it is used for the purposes provided in section 151102 of this title or to produce income to be used for those purposes.
The corporation shall submit annually to the Secretary of Education a written report stating in detail for the prior year—
the real and personal property held by the corporation;
the income from the property; and
the expenditure or other use or disposition of the property and income from the property.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1398.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1398
A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.
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