Bill
Bill > HB2081
KS HB2081
Providing a sales tax exemption for community pharmacies serving medically underserved individuals and families.
summary
Introduced
01/23/2025
01/23/2025
In Committee
01/23/2025
01/23/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT relating to taxation; providing a sales tax exemption for community pharmacies that provide services to medically underserved individuals and families; amending K.S.A. 2024 Supp. 79-3606 and repealing the existing section.
AI Summary
This bill provides a sales tax exemption for community pharmacies serving medically underserved individuals and families. Specifically, the bill amends an existing statute to create a sales tax exemption for tangible personal property and services purchased by a community pharmacy that meets certain criteria. A "community pharmacy" is defined as a retail pharmacy engaged in dispensing prescriptions and potentially providing other healthcare products or services. The exemption will take effect on July 1, 2025, and applies to pharmacies that are exempt from federal income taxation under section 501(c)(3) of the federal internal revenue code. However, the exemption does not apply to pharmacies that dispense prescription drugs intended to be used for causing an abortion. The bill follows a standard format for tax exemption provisions, including detailed requirements for how contractors can purchase materials under the exemption and the potential penalties for misusing the tax-exempt status. This legislative change aims to support community pharmacies that provide essential healthcare services to underserved populations by reducing their tax burden.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Taxation (H)
Last Action
House Hearing: Tuesday, March 18, 2025, 3:30 PM Room 346-S (on 03/18/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://kslegislature.gov/li/b2025_26/measures/hb2081/ |
Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_hb2081_00_0000.pdf |
BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2081_00_0000.pdf |
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