Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2010
 

Revenue and Taxation Code

Property Taxation

Part 2. Assessment

CHAPTER 1. Taxation Base

Article 1. Taxable and Exempt Property

Section 203.5

203.5. Designated institutions. Property owned by the California School of Mechanical Arts, California Academy of Sciences, or Cogswell Polytechnical College, or held in trust for the Huntington Library and Art Gallery, or their successors, shall be exempt from taxation as provided in subdivision (c) of Section 4 of Article XIII of the Constitution.

History.—Added by Stats. 1974, Ch. 311, p. 591, in effect January 1, 1975.

Construction.—The California Academy of Sciences is granted a broad exemption on owned property; and it need not use its property for charitable purposes in order to qualify for exemption. California Academy of Sciences v. Fresno County, 192 Cal.App.3d 1436.