senate Bill S1260
(R) 1st Senate District
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Grants a sales and compensating use tax exemption for books, magazines, pamphlets and other school or library book fair items sold at a school book fair sponsored by a parent-teacher organization, booster club or similar school-based association which supports school activities or sold at a book fair sponsored by library friends or foundation.
TITLE OF BILL:
to amend the tax law, in relation to granting a sales and compensating
use tax exemption for goods sold at school book fairs
This bill provides that books, magazines, pamphlets and other items sold
at school sponsored book fairs shall be exempt from the collection of
SUMMARY OF PROVISIONS:
Section 1: Adds a new Tax Law section 1115(a)(44) to exempt from the
collection of sates taxes items such as books, magazines, and other
items sold at a school or library sponsored book fair such as, science
project kits and posters. The book fair would need to be conducted at a
primary or secondary school or library and be sponsored by a
parent-teacher association or organization or at a location sponsored by
a library friends group or foundation.
School book fairs are generally conducted by school-based volunteer
organizations that are not sophisticated in organization and in
ascertaining the proper sales tax on low cost items such as books and
other book sale items, Compounding the confusion of such sales
transactions is the high number of customers who are excited children
under the age of 12 who are concentrated in a school hallway or class
room (where the sales are generally conducted). To simplify book
transactions at such book or library fairs, eliminating the sales tax
would reduce the time needed to arrive at the final sales once for the
books purchased. In addition, many times, children at such fairs, are
allocated a set monetary sum to purchase their books. However, in
arriving at the cashier, the child has not computed the additional sales
tax cost, hence, the child is over budget and needs to select and return
one of the items before conducting the final sale. This adds additional
confusion to an already confusing situation.
This bill would simplify the conduct of school book and library fairs.
Further, it would encourage children to purchase more books, heighten
their exposure to books and learning, and minimize administrative
burdens placed on those volunteers that conduct book fairs.
LOCAL FISCAL IMPLICATIONS:
The first of July next succeeding the date on which this bill shall have
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