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SB 1284 (2008) c. 524

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SB 1284, c. 524:  Property tax; welfare exemptions; rental housing and related facilities.  Allows the partial welfare exemption for low-income housing to apply to property previously purchased and owned by the Department of Transportation pursuant to a consent decree requiring housing mitigation measures due to freeway construction.  To be eligible, the property must be owned by an organization exempt under Section 501(c)(3) of the Internal Revenue Code.