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2013 SESSION

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HB 1581 Retail Sales and Use Tax; exemption includes nonprofit entities.

Introduced by: T. Scott Garrett (by request) | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

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.


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