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Committee approves amendment clarifying nonprofit event rental tax exemption in SB 2369
Summary
An amendment to Senate Bill 2369 clarifies when charitable/nonprofit event rentals are exempt from gross-receipts tax if the nonprofit pays fair-market rent and raises outreach questions about public facilities and competition.
A Senate committee adopted an amendment and advanced Senate Bill 2,369, which clarifies tax treatment for sales tied to educational, religious and charitable activities conducted by nonprofits. The amendment focuses on large event spaces and specifies that nonprofit entities will not pay tax on gross receipts from such activities provided they pay fair-market rent for the facilities they use.
Senator Rummel, who presented the amendment, said the change was…
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