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1997 SESSION
SB 742 Sales tax exemption; youth symphony orchestra.
Introduced by: Jane H. Woods | all patrons ... notes | add to my profiles
SUMMARY:
Sales and use tax exemption; nonprofit cultural organizations. Grants a sales and use tax exemption to any nonprofit organization exempt from federal income taxation pursuant to § 501 (c) (3) of the Internal Revenue Code which is organized to foster, promote and increase the musical knowledge, appreciation, experience and performing ability of young people and the general public, by establishing, maintaining, and operating a youth symphony orchestra. The Northern Virginia Youth Symphony Association would be among the beneficiaries of the exemption, which applies to both purchases and sales of tangible personal property.
FULL TEXT
HISTORY
- 01/08/97 Senate: Presented & ordered printed 970883760
- 01/08/97 Senate: Referred to Committee on Finance
- 01/13/97 Senate: Assigned to Finance sub-committee: Revenue Resources
- 01/21/97 Senate: Reported from Finance (17-Y 0-N)
- 01/22/97 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/22/97 Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
- 01/23/97 Senate: Read second time and engrossed
- 01/24/97 Senate: Read third time and passed Senate (38-Y 0-N)
- 01/24/97 Senate: VOTE: PASSAGE (38-Y 0-N)
- 01/24/97 Senate: Communicated to House
- 01/27/97 House: Placed on Calendar
- 01/28/97 House: Read first time
- 01/28/97 House: Referred to Committee on Finance
- 02/05/97 House: Assigned to Finance sub-committee: 2
- 02/10/97 House: No action taken by Finance by voice vote
- 02/11/97 House: Incorporated in other legislation (SB0709, Colgan)