HOUSE CONCURRENT RESOLUTION NO. 78
(By Delegates Morgan, Smirl, Beach, Leach, Craig,
Houston and Michael)
[Introduced March 9, 2004; referred to the
Committee on Rules.]
Requesting the Joint Committee on Government and Finance conduct a
study to determine effects of exempting
property belonging to
or leased to a corporation that is exempt from federal income
taxes under section 501 (c)(3) of the Internal Revenue Code of
1986, as amended, that is used to provide independent,
assisted living services and other health related services for
elderly residents as found in Committee Substitute for House
Bill 4697 (2004 Regular Session).
Whereas, Persons 65 years of age or older numbered 35.6 million
in 2002 in the U.S. They represented 12.3% of the U.S. population,
about one in every eight Americans. Since 1992 the number of
Americans aged 45-64 who will reach 65 years of age over the next
two decades - increased by 38%; and
Whereas, According to the 2000 census of population, the
percentage of West Virginians over the age of 65 was 15.3% as
compared to 12.4% nationally; and
Whereas, It is essential that additional community based living
and health care resources be made available to meet the future
needs for services by the growing elderly population in this state;
and
Whereas, Nonprofit organizations that provide independent,
assisted living and health care services may prevent or delay
health problems, nursing home care and the additional expenses to
the state as a result; and
Whereas, Exempting property being used by nonprofit
organizations to provide independent, assisted living and other
health services from taxation will encourage expansion of these
services, which in turn will help the elderly in this state to live
more healthy and independent lives; therefore, be it
Resolved by the Legislature of West Virginia:
That the Legislature hereby requests the Joint Committee on
Government and Finance conduct a study to determine effects of
exempting
property belonging to or leased to a corporation that is
exempt from federal income taxes under section 501 (c)(3) of the
Internal Revenue Code of 1986, as amended, that is used to provide
independent, assisted living services and other health related
services for elderly residents as found in Committee Substitute for
House Bill 4697 (2004 Regular Session)
; and, be it
Further Resolved, That the Joint Committee on Government and
Finance report to the regular session of the Legislature, 2005, on
its findings, conclusions and recommendations, together with drafts
of any legislation necessary to effectuate its recommendations;
and, be it
Further Resolved, That the expenses necessary to conduct this study, to prepare a report and to draft necessary legislation be
paid from the legislative appropriations to the Joint Committee on
Government and Finance.