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

DateAction
01/04/2013Committee
01/04/2013Prefiled and ordered printed; offered 01/09/13 13102500D
01/04/2013Referred to Committee on Finance
01/13/2013Impact statement from TAX (HB1581)
01/14/2013Assigned Finance sub: #2
01/28/2013Assigned Finance sub: #3
01/30/2013Subcommittee recommends laying on the table
02/05/2013Left in Finance