Getting your player ready...
The House passed a so-called cookie-tax bill that exempts parent-teacher groups from paying sales tax on fundraisers such as bake sales and silent auctions.
The measure passed Tuesday would also require vendors to handle the paperwork and collection of sales tax on “prepackaged” activities that are not exempt, such as the sale of discount coupon books and wrapping paper. Currently, those responsibilities lie with those raising funds.
“By reducing red tape and cutting the administrative burden on parent fundraisers, we’ll free them up to do what they do best: bring in the dough. And, hopefully, we’ll put a little more money back in our schools,” said the bill’s sponsor, Rep. Joe Rice, D-Littleton. The Associated Press
