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1999 SESSION

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HB 1948 Legislative consideration of exemptions from sales and use tax.

Introduced by: Jay W. DeBoer | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Legislative consideration of exemptions from the sales and use tax; annual registration. Beginning July 1, 2000, nonprofit organizations, except churches, exempt from the sales and use tax under §§ 58.1-609.4, 58.1-609.7, 58.1-609.8, 58.1-609.9 or 58.1-609.10 will be required to submit and update information regarding their federal tax-exempt status. Such information will be updated beginning in 2002 and will continue to be updated every five years. Failure to file complete and timely information will result in loss of the state sales and use tax exemption.


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