HB18-1218

HB18-1218 - Definition Of Veterans' Organizations For Sales And Use Tax

Passed/Signed into Law
Concerning the definition of a charitable organization for purposes of state sales and use tax, and, in connection therewith, removing the limitation that a veterans' organization only gets the charitable organization exemption for purposes of sponsoring a special event, meeting, or other function in the state, so long as such event, meeting, or function is not part of the organization's regular activities in the state.

For purposes of state sales and use tax, a 'charitable organization' includes veterans' organizations as defined in federal law, but such organizations are limited to those that sponsor special events, meetings, or other functions in the state that are not part of the organization's regular activities in the state. In other words, a veterans' organization may not claim the charitable organization sales and use tax exemption for its regular activities in the state. This limitation is not found in the federal tax law granting veterans' organizations federal tax exempt status. The bill makes state law consistent with federal law and will treat veterans' organizations registered under section 501 (c)(19) of the federal internal revenue code the same way as veterans' organizations registered under section 501 (c)(3) of the federal internal revenue code.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

Latest update: June 6, 2018
06/06/2018 - Governor Signed
05/18/2018 - Sent to the Governor
05/18/2018 - Signed by the President of the Senate
05/17/2018 - Signed by the Speaker of the House
05/04/2018 - Senate Third Reading Passed - No Amendments
05/03/2018 - Senate Second Reading Special Order - Passed - No Amendments
05/03/2018 - Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
05/03/2018 - Senate Committee on Finance Refer Unamended to Appropriations
04/27/2018 - Introduced In Senate - Assigned to Finance
04/27/2018 - House Third Reading Passed - No Amendments
04/26/2018 - House Second Reading Special Order - Passed - No Amendments
04/26/2018 - House Committee on Appropriations Refer Unamended to House Committee of the Whole
03/14/2018 - House Committee on Finance Refer Unamended to Appropriations
02/05/2018 - Introduced In House - Assigned to Finance + Appropriations