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1998 SESSION

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SB 97 Sales tax exemption; certain governmental and civic groups.

Introduced by: John S. Edwards | all patrons    ...    notes | add to my profiles

SUMMARY:

Sales and use tax exemptions; governmental and nonprofit civic and community service exemptions. Exempts sales made by the Virginia Veterans Care Center Board of Trustees at the canteen in the Center from tax. The measure also expands the existing sales tax exemption for Goodwill Industries organizations in the Hampton Roads area to include similar organizations in the Fifth Planning District. A sales tax exemption is created for tax-exempt nonprofit organizations established for the purpose of facilitating the provision of affordable housing opportunities for low-income and moderate-income families within the boundaries of the Fifth Planning District. Roanoke Valley Housing Corporation would be a beneficiary of this exemption. This bill is incorporated into HB 131.


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