1. 1. Property not tax-exempt Notwithstanding any provision of law to the contrary, cooperative property does not qualify for property tax exemption under Title 36, section 652, subsection 1, paragraph A.

   [PL 1993, c. 300, §1 (NEW).]

2. 2. Eligibility for property tax relief Without limiting the eligibility of members of any other corporation or unincorporated association that provides housing on a cooperative basis for tax relief, a member of a cooperative affordable housing corporation is eligible for any relief afforded to property taxpayers under law.

   [PL 1993, c. 300, §1 (NEW).]

3. 3. Homestead exemption from attachment and execution Title 14, section 4422 applies to cooperative interests in cooperative affordable housing corporations.

   [PL 1993, c. 300, §1 (NEW).]

PL 1993, c. 300, §1 (NEW).