BILL NUMBER: AB 1262 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Audra Strickland
FEBRUARY 27, 2009
An act relating to taxation.
LEGISLATIVE COUNSEL'S DIGEST
AB 1262, as introduced, Audra Strickland. Sales and use taxes:
exemptions: charitable organizations.
The Sales and Use Tax Law imposes a tax on a retailer measured by
the gross receipts from the sale of tangible personal property sold
at retail in this state, or on the storage, use, or other consumption
in this state of tangible personal property purchased from a
retailer for storage, use, or other consumption in this state.
Existing law provides certain exemptions from sales and use taxes.
This bill would declare the intent of the Legislature to enact
legislation that would provide exemptions from the Sales and Use Tax
Law for sales and uses of tangible personal property by nonprofit
organizations that raise money for charitable causes.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. It is the intent of the Legislature to enact
legislation that would provide exemptions from the Sales and Use Tax
Law for certain sales of, and the storage, use, or other consumption
of, tangible personal property sold or used by nonprofit
organizations that raise money for charitable causes.