Retail Sales and Use Tax; exemptions for non-profit schools licensed by Department of Education. (SB543)

Introduced By

Progress

√	Introduced
X	Passed Committee
☐	Passed House
√	Passed Senate
☐	Signed by Governor
☐	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 files a federal 990 tax form with the Internal Revenue Service and provides a copy to the Department of Taxation. Amends § 58.1-609.11 (“Exemptions for nonprofit entities.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Failed

View Bill's History

Poll Results

No Richmond Sunlight visitors voted on this bill while voting was open.

Bill Text

Related Bills

HB230
Introduced: December 28, 2007
Status: Failed to Pass in Committee
: Retail Sales and Use Tax; exempts contractor when property used to construct, etc. public schools.
HB2330
Introduced: January 14, 2009
Status: signed by governor
: Retail Sales and Use Tax exemption; exemption for certain nonprofit entities.
HB2588
Introduced: January 22, 2009
Status: Failed to Pass in Committee
: Individual income, corporate income, and sales and use taxes; restructuring various taxes.
SB891
Introduced: December 31, 2008
Status: signed by governor
: Communications sales and use tax; distributions to Bath County and Town of Clifton.
HB1965
Introduced: January 13, 2009
Status: Failed to Pass in Committee
: Public/Private Education Investment Tax Credit; created for business entities making contributions.