Retail Sales and Use Tax exemption; exemption for certain nonprofit entities. (HB2330)
Introduced By
Del. Clay Athey (R-Front Royal) with support from co-patron Del. Beverly Sherwood (R-Winchester)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Sales and use tax exemption; nonprofit schools. Exempts any non-profit school that is accredited by an entity approved by the Department of Education and any school licensed by the Department of Education as a school for students with disabilities from the requirement to submit an audit to the Department of Taxation to obtain a sales and use tax exemption, if the school submits a federal 990 tax form. Amends § 58.1-609.11 (“Exemptions for nonprofit entities.”), of the Code of Virginia. View Full Text »

