86 Ill. Adm. Code 150.325 — Charitable, Religious, Educational, and Senior Citizens Recreational Organizations as Buyers

# Charitable, Religious, Educational, and Senior Citizens Recreational Organizations as Buyers

TITLE 86: REVENUE CHAPTER I: DEPARTMENT OF REVENUE PART 150 USE TAX SECTION 150.325 CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SENIOR CITIZENS RECREATIONAL ORGANIZATIONS AS BUYERS

Section 150.325 Charitable, Religious, Educational, and Senior Citizens Recreational Organizations as Buyers a) The use tax shall not apply to the use of tangible personal property purchased by a governmental body, corporation, society, association, foundation, or institution organized and operated exclusively for charitable, religious, or educational purposes, or by a not-for-profit corporation, society, association, foundation, institution, or organization that has no compensated officers or employees and that is organized and operated primarily for the recreation of persons 55 years of age or older. A limited liability company may qualify for the exemption under this paragraph only if the limited liability company is organized and operated exclusively for educational purposes. [35 ILCS 105/3-5(4)] b) On and after July 1, 1987, none of the entities noted in subsection (a) shall be entitled to make tax-free purchases at retail unless it has an active exemption identification number issued by the Department. [35 ILCS 105/3-5(4)] (Source: Amended at 48 Ill. Reg. 6836, effective April 24, 2024)

Section 150.325 Charitable, Religious, Educational, and Senior Citizens Recreational Organizations as Buyers

a) The use tax shall not apply to the use of tangible personal property purchased by a governmental body, corporation, society, association, foundation, or institution organized and operated exclusively for charitable, religious, or educational purposes, or by a not-for-profit corporation, society, association, foundation, institution, or organization that has no compensated officers or employees and that is organized and operated primarily for the recreation of persons 55 years of age or older. A limited liability company may qualify for the exemption under this paragraph only if the limited liability company is organized and operated exclusively for educational purposes. [35 ILCS 105/3-5(4)]

b) On and after July 1, 1987, none of the entities noted in subsection (a) shall be entitled to make tax-free purchases at retail unless it has an active exemption identification number issued by the Department. [35 ILCS 105/3-5(4)]

(Source: Amended at 48 Ill. Reg. 6836, effective April 24, 2024)