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2009 SESSION
SB 1222 Retail Sales and Use Tax; exemptions for nonprofit entities.
Introduced by: Mark D. Obenshain | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Sales and use tax exemption; nonprofit entities. Provides that nonprofit entities with gross annual revenue of at least $750,000 in the previous year must file a financial review performed by an independent certified public accountant in order to be eligible for a sales and use tax exemption. However, for those nonprofit entities with gross annual revenue of at least $1 million in the previous year, the Department of Taxation may require that the entity provide a financial audit performed by an independent certified public accountant in lieu of the financial review.
FULL TEXT
- 01/13/09 Senate: Prefiled and ordered printed; offered 01/14/09 092868288 pdf | impact statement
- 02/25/09 Senate: Bill text as passed Senate and House (SB1222ER) pdf | impact statement
- 03/27/09 Governor: Acts of Assembly Chapter text (CHAP0526) pdf
AMENDMENTS
HISTORY
- 01/13/09 Senate: Prefiled and ordered printed; offered 01/14/09 092868288
- 01/13/09 Senate: Referred to Committee on Finance
- 01/28/09 Senate: Reported from Finance (11-Y 5-N)
- 01/29/09 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/30/09 Senate: Read second time and engrossed
- 02/02/09 Senate: Read third time and passed Senate (36-Y 2-N)
- 02/02/09 Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
- 02/02/09 Senate: Passed Senate (35-Y 4-N)
- 02/02/09 Senate: Unanimous consent to reconsider not granted (38-Y 1-N)
- 02/11/09 House: Placed on Calendar
- 02/11/09 House: Read first time
- 02/11/09 House: Referred to Committee on Finance
- 02/16/09 House: Reported from Finance with amendment (22-Y 0-N)
- 02/17/09 House: Read second time
- 02/18/09 House: Read third time
- 02/18/09 House: Committee amendment agreed to
- 02/18/09 House: Engrossed by House as amended
- 02/18/09 House: Passed House with amendment BLOCK VOTE (98-Y 0-N)
- 02/18/09 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/20/09 Senate: House amendment agreed to by Senate (40-Y 0-N)
- 02/25/09 Senate: Enrolled
- 02/25/09 Senate: Bill text as passed Senate and House (SB1222ER)
- 02/25/09 House: Signed by Speaker
- 02/26/09 Senate: Signed by President
- 03/27/09 Governor: Approved by Governor-Chapter 526 (effective 7/1/09)
- 03/27/09 Governor: Acts of Assembly Chapter text (CHAP0526)