P r o p e r t y T a x
A p p l i c a t i o n f o r M i s c e l l a n e o u s P r o p e r t y T a x E x e m p t i o n s
Form 50-128
Schedule B: Description of Personal Property
• List all tangible property to be exempt on this schedule.
• Attach all completed schedules to your application for exemption.
___________________________________________________________________________________________________
Name of Property Owner
Is this property reasonably necessary for operation of the association/organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Is this property held for gain? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Is this property used exclusively for charitable purposes? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Is this property located in a medical center area where the organization has donated land for a state medical,
dental or nursing school? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If “YES,” is the medical center development complete? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Item
Location
Continue on additional sheets as needed.
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50-128 • 08-11/12 • Page 5