Nonprofit conservation and open space lands

From the 2024 DOR Tax Exemption Study

84.36.260 - Nonprofit conservation and open space lands Description Property tax does not apply to real property owned by nonprofit corporations or associations used exclusively for the conservation of ecological systems, natural resources, or open space, including park lands. The primary purpose of the nonprofit organization is conducting or facilitating scientific research or conserving natural resources or open space for the general public. The land must be dedicated to these purposes or be subject to an option to purchase by a governmental entity. Purpose Encouraging the preservation of open space land and supporting the activities of nature preservation and conservation organizations. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.595 $0.609 $0.624 $0.639 Local Taxes $1.758 $1.857 $1.961 $2.071 Repeal of Repealing a property tax exemption would not increase state revenues. A repeal exemption shifts the state property tax to the currently exempt taxpayers and reduces the tax burden of other taxpayers. It may decrease the local rate and possibly result in local taxing districts at their statutory maximum rate experiencing a revenue increase. Pot