PA HB736

Amends Section 8812 of Title 53 (Municipalities Generally) to modify property tax exemptions for charitable institutions including hospitals, universities, colleges, and other nonprofits

Removes the requirement that purely public charities' property must "not be used in such a manner as to compete with commercial enterprise" as a condition for tax exemption

Explicitly denies tax exemption for any portion of charitable entity property that is used commercially or not actually and regularly used for the institution's principal purposes

Applies the same commercial-use restriction to shared properties owned by multiple purely public charities

Takes effect 60 days after enactment