For the purposes of sales and use taxes, present law exempts certain organizations by excluding them from the definition of a "business." A "business" does not include any sales or use tax of tangible personal property of any type sold directly to consumers by a person. However, tangible personal property must not be regularly sold by the person. If the property is regularly sold by the person, it must only be during a temporary sales period that occurs on a semiannual, or less frequent, basis. If sold by a volunteer fire department, then such property must only be sold during a temporary sales period that occurs no more than four times per calendar year. This bill adds a bona fide religious institution to the same category as a volunteer fire department, authorizing such institutions to hold temporary sales up to four times a year, as opposed to the current limit of twice a year.

Statutes affected:
Introduced: 67-6-102(8)(B), 67-6-102