Retail Sales and Use Tax; exemptions for nonprofit entities exempt from federal income taxes. (SB459)
Introduced By
Sen. Frank Ruff (R-Clarksville) with support from 8 copatrons, whose average partisan position is:
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Sales and use tax exemptions; nonprofit entities. Adds organizations exempt from federal income taxes under 501 (c) (19) to those nonprofit entities that may be eligible for a sales and use tax exemption on their purchases of tangible personal property. In general, 501 (c) (19) organizations include posts or organizations of past or present members of the armed forces of the United States. Amends § 58.1-609.11 (“Exemptions for nonprofit entities.”), of the Code of Virginia. View Full Text »

