CO SB009

Organizations presenting an IRS 501(c)(3) determination letter to the Colorado Department of Revenue must be presumed to qualify as charitable organizations for state sales and use tax exemption purposes

The Department of Revenue cannot presume an organization fails to qualify as a charitable organization solely because of a change in its 501(c)(3) status

Current law exempts charitable organizations from state sales and use tax, with the definition mirroring federal 501(c)(3) criteria covering religious, charitable, scientific, educational, and similar purposes

Includes a safety clause declaring the act necessary for immediate preservation of public peace, health, or safety