Court Opinion

ID: 9561999
Source: CourtListenerOpinion
Date Created: 2023-08-21 18:20:16.139978+00
Date Added: 2024-06-11T09:17:09.730991
License: Public Domain

Felton, Justice,
dissenting. In my opinion it was not the intention of the General Assembly to exempt from ad valorem taxation property of a hospital Authority which is used as an endowment facility only and not as a part of a hospital, etc. This applies to Code Ann. § 92-201 and Code Ann. § 88-1803. The latter intended only to exempt hospital Authorities from the State Sales and Use Tax from funds spent for operation of facilities only, as was done by the 1941 Act in different language. Code Ann. § 92-201 prohibits exemption of ad valorem taxes on real estate used solely for endowment purposes. An Authority cannot do indirectly what it cannot do directly. It could not accept a gift of money and invest it in a building for endowment income only and it cannot accept land as a gift and build a building on it to be used solely for endowment purposes.