Bill

Bill > HB2081


KS HB2081

Providing a sales tax exemption for community pharmacies serving medically underserved individuals and families.


summary

Introduced
01/23/2025
In Committee
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)

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