PUBLIC Law Chapter 622

activity identified by the particular exemption. The tax

exemptions provided by section 1760 to a person based upon its

charitable, nonprofit or other public purposes do not apply where

title is held or taken by the person as security for any financing

arrangement. Exemption certificates issued by the State Tax

Assessor pursuant to section 1760 must identify the exempt activity

and must state that the certificate may be used by the holder only

~~to purchase~~ when purchasing property or services intended to be

used by the holder primarily in the exempt activity. When an

otherwise qualifying ~~exempt~~ person is engaged in both exempt and

nonexempt activities, an exemption certificate may be issued to the

person only if the person has established to the satisfaction of

the assessor that the applicant has adequate accounting controls to

limit the use of the certificate to exempt purchases.

Sec. 10. 36 MRSA §2557, sub-§3, as enacted by PL 2003, c. 673, Pt. V,
§25 and affected by §29, is repealed and the following enacted in
its place:

3.__Hospitals, research centers, churches and schools.__Sales
to:

A.__Incorporated hospitals;

B.__Incorporated nonprofit nursing homes licensed by the
Department of Health and Human Services;

C.__Incorporated nonprofit residential care facilities
licensed by the Department of Health and Human Services;

D.__Incorporated nonprofit assisted housing programs for the
elderly licensed by the Department of Health and Human
Services;

E.__Incorporated nonprofit home health agencies certified
under the United States Social Security Act of 1965, Title
XVIII, as amended;

F.__Incorporated nonprofit rural community health centers;

G.__Incorporated nonprofit dental health centers;

H.__Incorporated nonprofit organizations organized for the
sole purpose of conducting medical research;

I.__Incorporated nonprofit organizations organized for the
purpose of establishing and maintaining laboratories for
scientific study and investigation in the field of biology
or ecology;

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