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Taxation committee sends sales‑tax exemption for nonprofit theaters out of committee
Summary
The Committee on Taxation voted to report House Bill 2,098 favorably. The bill would exempt purchases by qualifying not‑for‑profit theater organizations from sales tax if the organization meets five qualifications including producing original works, employing full‑time theater staff, maintaining a board, providing community education, and staging
The Committee on Taxation voted to report House Bill 2,098 favorably. The bill would create a sales‑tax exemption for purchases by qualifying not‑for‑profit theater organizations that meet specified criteria.
Bill overview: According to the reviser’s summary, a not‑for‑profit corporation exempt from income tax that operates a theater could qualify for a sales‑tax exemption if it meets five…
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