HB 1559 Summary

• Exempts admissions to livestock facilities, agriculture facilities, or other facilities constructed or renovated with grant program funds from Section 18 of Chapter 530, Laws of 1995, from the 7% amusement tax when net proceeds are used solely for religious, charitable, educational, or civic purposes.

• Exempts parking at these same qualifying facilities from sales taxation when net proceeds are dedicated to religious, charitable, educational, or civic purposes.

• Removes the 3% reduced tax rate that previously applied to admissions at livestock and agriculture facilities funded by the specified grant program.

• Effective date: July 1, 2014.