2012 -- S 3004
A N A C T
MAXIMUM TAX EXEMPTION OF THE BOYS AND GIRLS CLUB OF
Introduced By: Senator Donna M. Nesselbush
Date Introduced: May 24, 2012
It is enacted by the General Assembly as follows:
SECTION 1. Section 2 of an act entitled ďAn act to incorporate Pawtucket Boys Club, of
1962 session, further amended in the January 1987 session and further amended in the January
2002 session, is hereby further amended to read as follows:
Said corporation may take, hold, transmit, and
convey real, mixed, and personal estate to an amount not exceeding ten million dollars, which Property, real mixed, and personal
held and possessed by said corporation not exceeding
twenty-five million dollars, shall be
exempt from taxation so long as said property shall be occupied exclusively for the objects set out
in this act of incorporation, and not other.
SECTION 2. This act shall take effect upon passage.