INCREASE EXEMPTION FOR
SALES BY NONPROFITS
House Bill 4863
Sponsor: Rep. Brian Palmer
Committee: Tax Policy
Complete to 8-26-03
A SUMMARY OF HOUSE BILL 4863 AS INTRODUCED 6-19-03
Generally speaking, under the General Sales Tax Act, a nonprofit organization with aggregate retail sales in a calendar year of less than $5,000 is not required to charge sales tax when making sales for fundraising purposes. The bill would increase the threshold to $75,000.
MCL 205.54o
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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.