Concerning tax exemptions for nonprofit organizations that manage interscholastic programs for public and private schools.
First reading, referred to Ways & Means.
Summary
The measure amends Washington tax law to exempt income from fundraising activities and membership dues for nonprofit organizations that operate exclusively to manage interscholastic programs. It defines which entities qualify, what activities count as fundraising, and excludes regular business operations from the exemption. The goal is to lower tax burdens so more revenue can support school sports and related programs.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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