Bill > HB2081

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.

Budget and Finance

Taxation (H)

https://kslegislature.gov/li/b2025_26/measures/hb2081/