Denver (AP) The house passed a so-called “cookie tax” bill that exempts parent teacher organizations and parent teacher associations from paying sales tax on fundraisers like 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, which are now the responsibility of the
“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, a Democrat from Littleton.
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