Creates a state sales tax exemption for a sale that benefits a Colorado school, which includes public and nonpublic kindergarten through 12th grade schools, if the sale is made by any of the following: A school; An association or organization of parents and school teachers; A booster club or other club, group, or organization whose primary purpose is to support a school activity; or A school class or student club, group, or organization.

Limits the exemption to a sale from which all proceeds, less only the actual cost of the item sold, are donated to a school or a school-approved student organization.

Permits a county or municipality that establishes a sales tax pursuant to statutory authority to create a similar sales tax exemption.

APPROVED by Governor May 21, 2008           EFFECTIVE August 5, 2008

View Bill: H.B. 08-1013 PDF