Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Property Tax Annotations
250.0000 COLLEGE EXEMPTION
250.0015 Non-College Uses. A college otherwise qualified for exemption will not receive exemption on that portion of its campus rented to other, non-college organizations or persons for meetings, lectures, conferences, workshops or retreats during the summer. Likewise, portions of the campus used in conjunction with a catering business will not be exempt, even though the employed students receive instruction in the operating of a business. The commercial and fund-raising uses of the property are grounds for denial of exemption. C 6/16/1987; C 7/27/1990.