Bill Status of HB 2881   100th General Assembly


Short Description:  NON-PROFITS-TAX EXEMPT

House Sponsors
Rep. Allen Skillicorn, Silvana Tabares, Stephanie A. Kifowit, Marcus C. Evans, Jr., Arthur Turner and Daniel J. Burke

Last Action  View All Actions

DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Charitable Tax Exemption Act. Provides that not-for-profit corporations that are exempt from taxation under Sections 501(c) or 501(d) of the Internal Revenue Code or organized under the General Not For Profit Corporation Act of 1986 are exempt from any tax imposed by the State or any unit of local government. Preempts home rule powers.

 Fiscal Note (Dept. of Revenue)
 The total fiscal impact for HB 2881 is as follows: (1) Sales and Use Tax Loss on Retail purchases by qualifying exempt organizations = $142.0 Million; (2) Sales and Use Tax Loss on Retail sales by qualifying exempt organizations = $22.0 Million; (3) State motor fuel tax loss = $65.0 Million; (4) Utilities Tax loss = $46.9 Million; (5) Real Estate Transfer Tax = $0.6 Million; Total Tax Loss = $276.5 Million.

Actions 
DateChamber Action
  2/9/2017HouseFiled with the Clerk by Rep. Allen Skillicorn
  2/9/2017HouseFirst Reading
  2/9/2017HouseReferred to Rules Committee
  2/16/2017HouseAdded Co-Sponsor Rep. Silvana Tabares
  2/16/2017HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit
  2/16/2017HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
  2/17/2017HouseAdded Co-Sponsor Rep. Arthur Turner
  2/21/2017HouseAdded Co-Sponsor Rep. Daniel J. Burke
  2/22/2017HouseAssigned to Revenue & Finance Committee
  3/9/2017HouseTo Sales and Other Taxes Subcommittee
  3/14/2017HouseFiscal Note Requested by Rep. Allen Skillicorn
  3/20/2017HouseFiscal Note Filed
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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