CHAPTER 129

An Act to amend and reenact § 58-12, as amended, of the Code of Vir-
ginia, relating to what property, real and personal, 1s exempt from
taxation, State and local.

[S 147]

Approved February 27, 1962

Be it enacted by the General Assembly of Virginia:

1. That § 58-12, as amended, of the Code of Virginia be amended and
reenacted as follows:

§ 58-12. The following property shall be exempt from taxation, State
and local, including inheritance taxes:

(1) Property owned directly or indirectly by the Commonwealth,
or any political subdivision thereof, and obligations of the Commonwealth
issued since February fourteenth, eighteen hundred eighty-two or here-
after exempted by law.

(2) Buildings with land they actually occupy, and the furniture
and furnishings therein, and endowment funds lawfully owned and held
by churches or religious bodies and wholly and exclusively used for re-
ligious worship or for the residence of the minister of any church or
religious body, together with the additional adjacent land reasonably
necessary for the convenient use of any such building.

(8) Private or public burying grounds or cemeteries and endowment
funds, lawfully held, for their care, provided the same are not operated
for profit.

(4) Property owned by public libraries, law libraries of local bar
associations when the same are used or available for use by a State court
or courts or the judge or judges thereof, medical libraries of local medical
associations when the same are used or available for use by State health
officials, incorporated colleges or other incorporated institutions of learn-
ing, including incorporated alumni associations thereof beneficially owned
hy or organized and operated exclusively for the benefit of such incorpo-
rated institutions of learning, not conducted for profit, together with the
endowment funds thereof not invested in real estate. But this provision
shall apply only to property primarily used for literary, scientific or edu-
cational purposes or purposes incidental thereto. It shall not apply to
industrial schools which sell their product to other than their own em-
ployees or students.

(5) Real estate belonging to and actually and exclusively occupied
and used by, and personal property, including endowment funds, belong-
ing to Young Men’s Christian Associations and other similar religious
associations, including religious mission boards and associations, Boy
Scouts of America, Girl Scouts of the United States of America, and their
subsidiaries, orphan or other asylums, reformatories, hospitals and nun-
neries, conducted not for profit but exclusively as charities (which shall
be deemed to include hospitals operated by nonstock corporations not
organized or conducted for pecuniary profit but which may charge persons
able to pay in whole or in part for their care and treatment), and parks
or playgrounds held by trustees for the perpetual use of the general public,
and also property whether real or personal, owned by any church, religious
association or denomination or its trustees or duly designated bishop,
minister or other ecclesiastical officer, and used or operated exclusively for
religious, denominational, educational or charitable purposes and not for
profit and also property whether real or personal, owned by any com-
munity club or associations or its trustees, when said property is used or
operated exclusively for general and community purposes and not for
profit.

(6) Buildings with the land they actually occupy, and the furniture
and furnishings therein, belonging to any benevolent or charitable as-
sociation and used exclusively for lodge purposes or meeting rooms by
such association, together with such additional adjacent land as may be
necessary for the convenient use of the buildings for such purposes; and

(7) Property of the Association for the Preservation of Virginia
Antiquities, the Association for the Preservation of Petersburg Antiquities,
Historic Richmond Foundation, the Confederate Memorial Literary So-
ciety, the Mount Vernon Ladies’ Association of the Union, the Virginia
Historical Society, the Thomas Jefferson Memorical Foundation, In-
corporated, the Patrick Henry Memorial Foundation, Incorporated, the
Stonewall Jackson Memorial, Incorporated, George Washington’s Boy-
hood Home Restoration, Incorporated, the posts of the American Legion,
posts of United Spanish War Veterans, posts of Veterans of Foreign
Wars, posts of the Disabled American Veterans, the Society of the Cincin-
nati in the State of Virginia, the Manassas Battlefield Confederate Park,
Incorporated, the Robert E. Lee Memorial Foundation, Incorporated, Belle
Bryan Day Nursery, Incorporated, the American National Red Cross
and local chapters thereof, the Virginia Division United Daughters of the
Confederacy, the Virginia Association of Workers for the Blind, In-
corporated, the General Organization of the United Daughters of the
Confederacy, The Memorial Foundation of the Germanna Colonies in
Virginia, Incorporated, and any corporation organized to establish and
maintain a museum or museums, with or without a library or libraries,
provided such corporation be not operated for any profit, and any real
or personal property heretofore or hereafter conveyed to any person,
firm or corporation for the sole use and benefit of any organization or
society whose property is exempt from taxation under this section, or,
any real or personal property, the legal title to which is held by any person,
firm or corporation subject to the sole use and occupancy of any organiza-
tion or society whose property is exempt from taxation under this section
which has not agreed to surrender such interest.
(8) Property of Colonial Williamsburg, Incorporated, used for mu-
seum, historical, municipal, benevolent or charitable purposes, as long as
such corporation continues to be organized and operated not for profit.

(9) Property owned by volunteer fire departments or volunteer rescue
squads and used by them exclusively for the benefit of the general public
without charge.

(10) Property owned by the Virginia Home for Incurables, incorpo-
rated by Chapter five hundred thirty-three of the Acts of the General
Assembly of eighteen hundred ninety-three—ninety-four, approved March
first, eighteen hundred ninety-four.