SB569: Bill Text

LRB-4494/1

EKL:cjs

2021 - 2022 LEGISLATURE

2021 Senate BILL 569

September 24, 2021 - Introduced by Senators Ballweg and Roys, cosponsored by Representatives Petersen, Edming, Horlacher, Sinicki and Cabrera. Referred to Committee on Financial Institutions and Revenue.

SB569,1,2 An Act to amend 77.54 (7m) of the statutes; relating to: the sales tax exemption for entertainment admission sales by nonprofit organizations.

Analysis by the Legislative Reference Bureau

Under current law, if a nonprofit organization sells admissions to an event involving entertainment, the sale of those admissions are exempt from sales tax if the payment for the entertainment is no more than $10,000 and certain other conditions are met. This bill increases the $10,000 threshold to $50,000.

Because this bill relates to an exemption from state or local taxes, it may be referred to the Joint Survey Committee on Tax Exemptions for a report to be printed as an appendix to the bill.

For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

SB569,1 Section 1. 77.54 (7m) of the statutes is amended to read:

SB569,2,13 77.54 (7m) Occasional sales of tangible personal property, or items or property under s. 77.52 (1) (b) or (c), or services, including admissions or tickets to an event; by a neighborhood association, church, civic group, garden club, social club or similar nonprofit organization; not involving entertainment for which payment in the aggregate exceeds $10,000 $50,000 for performing or as reimbursement of expenses unless access to the event may be obtained without payment of a direct or indirect admission fee; conducted by the organization if the organization is not engaged in a trade or business and is not required to have a seller's permit. For purposes of this subsection, an organization is engaged in a trade or business and is required to have a seller's permit if its sales of tangible personal property, and items, property, and goods under s. 77.52 (1) (b), (c), and (d), and services, not including sales of tickets to events, and its events occur on more than 75 days during the year, unless its taxable receipts do not exceed $50,000 during the year. The exemption under this subsection does not apply to the sales price from the sale of bingo supplies to players or to the sale, rental or use of regular bingo cards, extra regular cards and special bingo cards.

SB569,2 Section 2. Effective date.

SB569,2,16 (1) This act takes effect on the first day of the 3rd month beginning after publication.

SB569,2,17 (End)