2005 House Bill 4921

Increase non-profit sales tax exemption

Introduced in the House

June 14, 2005

Introduced by Rep. Fulton Sheen (R-88)

To exempt up to $7,500 worth of annual sales by 501(c)(3) non-profit organizations from sales tax. Currently, sales tax is levied and collected if annual sales by a nonprofit exceed $5,000. Also, to revise the exemption for consolidated tax returns filed by an organization with sales in more than one place.

Referred to the Committee on Tax Policy