139.497 Exemption for sales by schools or school-sponsored clubs and organizations or affiliated groups and by certain nonprofit educational youth programs. - Kentucky Statutes

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139.497 Exemption for sales by schools or school-sponsored clubs and organizations or affiliated groups and by certain nonprofit educational youth
programs. Notwithstanding any other provisions of this chapter, the taxes imposed herein do not
apply to:
(1) Sales by elementary or secondary schools or nonprofit elementary or secondary school-sponsored clubs and organizations or any nonprofit, elementary, or
secondary school-affiliated groups such as parent-teacher organizations and booster
clubs, whose membership may be composed of individuals other than students,
provided the net proceeds from the sales are used solely for the benefit of the
elementary or secondary school or its students. Nontaxable sales shall include sales
resulting from agreements or contracts entered into with resident or nonresident
organizations to participate in fund-raising campaigns for a percentage of the gross
receipts where students act as agents or salesmen for the organizations by selling or
taking orders for the sale of tangible personal property, and no one shall be required
to pay sales or use taxes on such sales; and (2) Sales made by nonprofit educational youth programs affiliated with a land grant university cooperative extension service, if the net proceeds from the sales are used
solely for the benefit of the affiliated programs. Effective: July 15, 1998
History: Amended 1998 Ky. Acts ch. 80, sec. 1, effective July 15, 1998. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 361, effective July 13, 1990. --
Amended 1986 Ky. Acts ch. 167, sec. 1, effective July 15, 1986. -- Created 1984 Ky.
Acts ch. 331, sec. 1, effective July 13, 1984.