Under existing law, certain community foundation entities are exempt from paying any state, county, and municipal sales and use taxes through the 2026 tax year. This bill would revise the list of community foundations that would be exempt from sales and use taxes and would extend the state sales and use tax exemptions through August 31, 2031. This bill would allow municipalities and counties to exempt these entities from local sales and use taxes beginning September 1, 2026. This bill would also repeal the law providing for the existing sales and use tax exemptions for these entities.

Statutes affected:
Introduced: 40-9-39, 40-9-39, 40-9-39, 40-9-61, 40-2A-10, 40-23-4, 40-9-39