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Bill to preserve tax-exempt status for mission-aligned rentals focuses on clergy housing, draws assessor concerns
Summary
House Bill 425 would clarify that properties owned by exempt organizations remain tax-exempt when rented to organizations with a similar mission, with sponsors citing clergy parsonages and mission-aligned rentals; municipal assessors urged coordination with parallel bills and flagged overlapping language in other proposals.
Representative Mark Pearson introduced House Bill 425 on Feb. 4, which would permit tax-exempt entities to retain their exemption when they rent property to another organization that shares the same or similar mission, provided the rental income is used for specified exempt purposes such as clergy compensation or maintenance of worship or parsonage property.
Representative Pearson said the bill responds to practical changes in clergy housing and organization operations. "This first bill before you has mostly to do with…
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