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6.E. - Page 11 of 12
<br />AB 2852 —6-
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<br />1 (3) Property used exclusively for public schools, community
<br />2 colleges, state colleges, and state universities, including the
<br />3 University of California.
<br />4 (4) Property belonging to this state, a county, or a city. Property
<br />5 belonging to the State Compensation Insurance Fund is not
<br />6 property belonging to this state.
<br />7 (b) (}The exemption described in paragraph (3) of subdivision
<br />8 (a) shall apply tom both of thefollowing:
<br />9 (1) Off -campus facilities owned or leased by an apprenticeship
<br />10 program sponsor, if such facilities are used exclusively by the
<br />11 public schools for classes of related and supplemental instruction
<br />12 for apprentices or trainees which are conducted by the public
<br />13 schools under Chapter 4 (commencing with Section 3070) of
<br />14 Division 3 of the Labor Code.
<br />15 (2) Theexemption dere,-ibe,a in paragraph(3) of s4diyisie
<br />16 (a) shall apply to An interest in property, including a possessory
<br />17 interest as defined in Section 107, belonging to the state, a county,
<br />18 a city, a county and city, a charter county, a
<br />charter city, a charter county and city, a
<br />special district, a school district, a community college
<br />district, or any
<br />19 combination thereof, that is used to provide rental housing for
<br />20 employees of one or more public school districts or community
<br />21 colleges districts, whether that housing is newly
<br />22 constructed or restored, rehabilitated, renovated, or reconstructed.
<br />23 (c) The exemption described in paragraph (4) of subdivision
<br />24 (a) shall apply to an interest in property, including a possessory
<br />25 interest as defined in Section 107, belonging to the state, a county,
<br />26 a city, a county and city, a charter county, a charter city, a
<br />charter county and city, a special district, or any combination of
<br />the state, a county, a city, a county and city, a charter county, a
<br />charter city, a charter county and city, a special district, a school
<br />27 district, and a community college district, that is used to provide
<br />28 rental housing for employees of any or all of those entities, whether
<br />29 that housing is newly constructed or restored, rehabilitated,
<br />30 renovated, or reconstructed.
<br />31 (e)
<br />32 (d) (1) Without prejudice to the right to assert an exemption
<br />33 otherwise available under subdivision (a), (d), or (e) of Section 3
<br />34 of Article XIII of the Constitution, a property tax under this
<br />35 division shall be imposed upon that portion of the bookstore
<br />36 property determined to be generating the unrelated business taxable
<br />37 income, as defined in Section 512 of the Internal Revenue Code,
<br />38 to the extent property is:
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