Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2017
Property Tax Annotations
250.0000 COLLEGE EXEMPTION
250.0019 Parking Lot. A parking lot leased by a college for student parking that is also used on a regular basis by a for-profit business entity for nonqualifying commercial parking purposes is not eligible for exemption as property used exclusively for educational purposes by a nonprofit institution of higher learning. C 12/11/2002.