S.860

North Carolina S860 exempts certain nonprofit entities from sales tax, including fundraising events and diapers for Medicaid beneficiaries.

North Carolina S860 provides a sales tax exemption for certain nonprofit entities, including fundraising events held solely for fundraising purposes. It also exempts diapers and incontinence underpads prescribed for Medicaid beneficiaries. The bill modifies the ownership requirements for real and personal property used for charitable purposes, allowing certain nonprofits to qualify for tax exemption even if they lease rather than own the property. The exemption applies to sales and purchases made on or after October 1, 2026.