Illinois HB2864 amends tax laws to exclude certain nonprofit organizations from educational tax exemptions.
HB2864 modifies the Use Tax Act and the Retailers' Occupation Tax Act in Illinois. It excludes nonprofit corporations specializing in vocational or technical training from being considered exclusively educational. It also excludes those offering extracurricular activities on behalf of public schools from the educational tax exemption. This change affects the tax status of certain nonprofit organizations.
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