ND SB2292

Amends subsection 4 of section 57-39.2-04 of the North Dakota Century Code regarding sales tax exemptions for nonprofit entities.

Gross receipts from educational, religious, or charitable activities held in publicly owned facilities are exempt only if net receipts are expended for those purposes and gross receipts do not exceed $10,000 per event.

Exemption does not apply to gross receipts from taxable sales exceeding $10,000 per event in publicly owned facilities or to activities where the seller competes with retailers by maintaining inventory, conducting regular retail sales, or soliciting sales from a maintained website.

Adds exemption for nonprofit music or dramatic arts organizations exempt from federal income taxation that present live public performances of musical or theatrical works on a regular basis.

Effective for taxable events occurring after June 30, 2011; passed by Senate 47-0 and House 87-5.