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CT SB00548

Bill

Official Source

Status

Introduced

1/21/2011

Primary Sponsor

Andrea Stillman

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Exempts sales of tangible personal property from sales tax when sold at auctions conducted during fundraising or social events by nonprofit organizations
  • Applies only when an auctioneer is hired by a nonprofit organization exempt from taxation under Internal Revenue Code section 501(c)(3)
  • Effective date is October 1, 2011
  • Amends Section 12-412 of the general statutes by adding a new subdivision (119)

Legislative Description

An Act Concerning An Exemption From The Sales Tax For Auction Sales Made During A Fundraising Event Held By A Nonprofit Organization.

Last Action

Public Hearing 02/15

2/10/2011

Committee Referrals

Public Safety and Security1/21/2011

Full Bill Text

No bill text available