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2016 SESSION
(HB63)AMENDMENT(S) PROPOSED BY THE HOUSE
FINANCE
1. Line 37, introduced, after B.
insert
1.
FINANCE
2. Line 37, introduced, after A,
insert
and except as restricted in subdivision 2,
FINANCE
3. After line 42, introduced
insert
2. If the entity that is exempt under this section is exempt from federal income tax under § 501(c)(19) of the Internal Revenue Code, or has annual gross receipts less than $5,000 and is organized for at least one of the purposes set forth in § 501(c)(19) of the Internal Revenue Code, then the exemption under this section for such entity shall not apply to purchases of tangible personal property that are used primarily (i) for social and recreational activities for members or (ii) for providing insurance benefits to members or members' dependents.