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1998 SESSION

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SB 93 Sales tax exemption; Black Data Processing Associates of Richmond.

Introduced by: Henry L. Marsh III | all patrons    ...    notes | add to my profiles

SUMMARY:

Sales and use tax exemption; educational exemptions. Grants a sales and use tax exemption for purchases by any nonprofit organization exempt from federal income taxation which is organized for the purposes of (i) developing a pool of data processing professionals who will share their knowledge and business expertise with members of the organization and other members of the community who are evaluating information technology for ongoing endeavors, (ii) sponsoring high school computer competitions, community computer training camps, and free data processing workshops and classes; and (iii) providing college scholarships to computer competition team members. Black Data Processing Associates of Richmond, Virginia, Metropolitan Area Chapter, would be a beneficiary of the exemption. This bill is incorporated into HB 131.


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