CODING: Words stricken are deletions; words underlined are additions.
Senate Bill 0522
    Florida Senate - 1998                                   SB 522

    By Senator Ostalkiewicz





    12-441-98

  1                      A bill to be entitled

  2         An act relating to the tax on sales, use, and

  3         other transactions; amending s. 212.08, F.S.;

  4         providing an exemption from the tax for certain

  5         nonprofit organizations; providing an effective

  6         date.

  7

  8  Be It Enacted by the Legislature of the State of Florida:

  9

10         Section 1.  Paragraph (qq) is added to subsection (7)

11  of section 212.08, Florida Statutes, to read:

12         212.08  Sales, rental, use, consumption, distribution,

13  and storage tax; specified exemptions.--The sale at retail,

14  the rental, the use, the consumption, the distribution, and

15  the storage to be used or consumed in this state of the

16  following are hereby specifically exempt from the tax imposed

17  by this chapter.

18         (7)  MISCELLANEOUS EXEMPTIONS.--

19         (qq) Any nonprofit organization exempt from federal

20  income tax liability under s. 501 of the United States

21  Internal Revenue Code is exempt from the tax imposed by this

22  part.

23         Section 2.  This act shall take effect July 1, 1998.

24

25            *****************************************

26                          SENATE SUMMARY

27    Provides an exemption from the tax on sales, use, and
      other transactions for any nonprofit organization exempt
28    from federal income tax under s. 501 of the Internal
      Revenue Code.
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