HB 1072, 60th R.S.
Relating to providing that any non-profit educational corporation which is exempt from Federal income taxes, maintains a regular theater school program and offers apprenticeship training for college students and others in theater management and operation and related skills shall be deemed an institution of purely public charity and all its property shall be exempt from ad valorem taxes, although such corporation offers plays to which an admission is charged, provided that a majority of such plays have significant literary merit of the character which contributes to the educational program of secondary schools, colleges or universities.
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