HB0922

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Sales and Use Tax - Exemption - Sales by Nonprofit Organizations Raising Funds to Assist Veterans

Sponsored by:

Delegate Anderton

Status:

In the House - Hearing 3/03 at 1:00 p.m.


Synopsis:Providing that the sales and use tax does not apply to a specified sale by a nonprofit organization whose principal focus is to raise funds to assist specified veterans, if no less than 88% of the proceeds of the sale are used to assist those veterans.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Anderton, Adams, Carozza, Ghrist, McComas, and Morgan
Additional Facts:Cross-filed with: SB1132
Introduced in a prior session as: HB1315 Session: 2016 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2017
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Sales and Use
Narrow Subject(s):Exemptions
Nonprofit Organizations
Sales and Use Tax
Veterans
Statutes:Article - Tax - General
(11-204)

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November 28, 2017 1:03 P.M.