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1995 SESSION

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HB 1509 Sales tax exemptions; medical-related and miscellaneous.

Introduced by: Julia A. Connally | all patrons    ...    notes | add to my profiles

SUMMARY:

Sales tax exemptions; medical-related and miscellaneous. Provides a sales tax exemption from July 1, 1995, through June 30, 1998, for tangible personal property: (i) purchased by a nonprofit organization which operates a medical clinic which is free of charge or charges less than prevailing rates to those who are unable to obtain conventional health care and which educates the general public regarding treatment and prevention of conditions commonly affecting the poor and (ii) purchased and sold by a nonprofit organization which promotes efficiency and fairness in the offer and sale of securities by providing for electronic communication, filing, processing, dissemination and review of securities registration materials. This exemption is effective from from July 1, 1995, through June 30, 1999. Incorporated in House Bill 1459.


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