Bill

Bill > HB2388


KS HB2388

Providing a sales tax exemption for purchases and sales made by the friends of cedar crest association.


summary

Introduced
02/17/2025
In Committee
02/17/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT concerning sales taxation; relating to exemptions; providing a sales tax exemption for purchases and sales made by the friends of cedar crest association; amending K.S.A. 2024 Supp. 79-3606 and repealing the existing section.

AI Summary

This bill adds the Friends of Cedar Crest Association to the list of nonprofit organizations that are exempt from sales tax when purchasing tangible personal property or services. Specifically, the bill amends the existing sales tax exemption statute to include a new provision allowing sales tax exemption for the Friends of Cedar Crest Association for the purpose of providing preservation, restoration, and enhancement of Cedar Crest, and encouraging awareness of its historic and cultural importance. The bill follows a standard format for such exemptions, which typically require the organization to be a nonprofit entity exempt from federal income taxation under section 501(c)(3) of the federal tax code. By adding this specific organization to the list of sales tax-exempt entities, the bill provides a financial benefit that can help support the organization's mission of preserving and promoting the historical significance of Cedar Crest.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Taxation (H)

Last Action

House Referred to Committee on Taxation (on 02/17/2025)

bill text


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