§305.16. Exemption; purchases by certain nonprofit organizations
A. Purchases by a nonprofit entity which sells donated goods and spends
seventy-five percent or more of its revenues on directly employing or training for
employment persons with disabilities or workplace disadvantages shall be exempt from sales
and use taxes levied by the state and any political subdivision whose boundaries are
coterminous with the state.
B. Each nonprofit entity electing to utilize the exemption provided for in this
Section shall apply annually for a one-year exemption certificate. The secretary of the
Department of Revenue shall promulgate rules and regulations in accordance with the
Administrative Procedure Act as are necessary to implement the provisions of this Section
including rules for the use of annual certificates and shall establish a form for nonprofit
entities to apply for this exemption.
Added by Acts 1974, No. 593, §1. H.C.R. No. 55, 1986 R.S.; Acts 2024, 3rd Ex.
Sess., No. 11, §2, eff. Dec. 4, 2024.