State Codes and Statutes

Statutes > Tennessee > Title-67 > Chapter-5 > Part-2 > 67-5-209

67-5-209. Private act hospital authorities.

In addition to all rights and powers granted to a private act hospital authority under the provisions of title 7, chapter 57, part 6, beginning with the 2001 tax year, and thereafter, such a private act hospital authority shall be exempt from the payment of any taxes or fees to the state or any subdivisions thereof, or to any officer or employee of the state or any subdivision thereof, except as provided in this section. This exemption does not include fees paid by private act hospital authorities as required by § 68-11-216. The property of an authority shall be exempt from all county and municipal taxes; provided, that the authority shall pay all county and municipal fees. An authority may agree to the payment of tax equivalents to the creating or participating governing authority or entity. Effective January 1, 2002, any claim for exemption under this section shall be determined by the state board of equalization, following application in the manner required by § 67-5-212, and exemptions shall be:

     (1)  Limited to property of the authority that would be exempt, if owned and operated by a charitable hospital under § 67-5-212; and

     (2)  Granted in accordance with the same criteria used by the board of equalization in granting exemptions to property owned and operated by a charitable hospital under § 67-5-212.

[Acts 2001, ch. 385, § 1.]  

State Codes and Statutes

Statutes > Tennessee > Title-67 > Chapter-5 > Part-2 > 67-5-209

67-5-209. Private act hospital authorities.

In addition to all rights and powers granted to a private act hospital authority under the provisions of title 7, chapter 57, part 6, beginning with the 2001 tax year, and thereafter, such a private act hospital authority shall be exempt from the payment of any taxes or fees to the state or any subdivisions thereof, or to any officer or employee of the state or any subdivision thereof, except as provided in this section. This exemption does not include fees paid by private act hospital authorities as required by § 68-11-216. The property of an authority shall be exempt from all county and municipal taxes; provided, that the authority shall pay all county and municipal fees. An authority may agree to the payment of tax equivalents to the creating or participating governing authority or entity. Effective January 1, 2002, any claim for exemption under this section shall be determined by the state board of equalization, following application in the manner required by § 67-5-212, and exemptions shall be:

     (1)  Limited to property of the authority that would be exempt, if owned and operated by a charitable hospital under § 67-5-212; and

     (2)  Granted in accordance with the same criteria used by the board of equalization in granting exemptions to property owned and operated by a charitable hospital under § 67-5-212.

[Acts 2001, ch. 385, § 1.]  


State Codes and Statutes

State Codes and Statutes

Statutes > Tennessee > Title-67 > Chapter-5 > Part-2 > 67-5-209

67-5-209. Private act hospital authorities.

In addition to all rights and powers granted to a private act hospital authority under the provisions of title 7, chapter 57, part 6, beginning with the 2001 tax year, and thereafter, such a private act hospital authority shall be exempt from the payment of any taxes or fees to the state or any subdivisions thereof, or to any officer or employee of the state or any subdivision thereof, except as provided in this section. This exemption does not include fees paid by private act hospital authorities as required by § 68-11-216. The property of an authority shall be exempt from all county and municipal taxes; provided, that the authority shall pay all county and municipal fees. An authority may agree to the payment of tax equivalents to the creating or participating governing authority or entity. Effective January 1, 2002, any claim for exemption under this section shall be determined by the state board of equalization, following application in the manner required by § 67-5-212, and exemptions shall be:

     (1)  Limited to property of the authority that would be exempt, if owned and operated by a charitable hospital under § 67-5-212; and

     (2)  Granted in accordance with the same criteria used by the board of equalization in granting exemptions to property owned and operated by a charitable hospital under § 67-5-212.

[Acts 2001, ch. 385, § 1.]