Retail Sales and Use Tax; exemption includes nonprofit entities. (HB1581)
Introduced By
Del. Scott Garrett (R-Lynchburg)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Sales and use tax exemption; nonprofit entities. Exempts entities organized under 501(c)(6) of the Internal Revenue Code from collecting sales and use tax on occasional sales of meals that occur fewer than 24 times a year. Under current law, this exemption is available only to entities organized under 501(c)(3) of the Internal Revenue Code and to entities organized for a charitable purpose under 501(c)(4) of the Internal Revenue Code that are eligible for the sales and use tax exemption on their purchases. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/04/2013 | Committee |
01/04/2013 | Prefiled and ordered printed; offered 01/09/13 13102500D |
01/04/2013 | Referred to Committee on Finance |
01/13/2013 | Impact statement from TAX (HB1581) |
01/14/2013 | Assigned Finance sub: #2 |
01/28/2013 | Assigned Finance sub: #3 |
01/30/2013 | Subcommittee recommends laying on the table |
02/05/2013 | Left in Finance |