Grocery cooperatives

From the 2024 DOR Tax Exemption Study

82.19.050(3) - Grocery cooperatives Description Sales of products for resale by a qualified grocery distribution cooperative to members are exempt from litter tax. Purpose To reflect title to the goods remains with the cooperative, and an actual sale does not occur. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes Minimal Minimal Minimal Minimal Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 Minimal Minimal Minimal Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - This repeal takes effect July 1, 2024, and impacts 11 months of collections in fiscal year 2025. - Growth rate mirrors the retail sales growth rate reflected in the Economic and Revenue Forecast Council's March 2023 forecast. - The total impact of this exemption is less than $1,000. We expect the impact to remain minimal during the forecasted period of this study. Data Sources - Department of Revenue, Excise tax data - Economic and Revenue Forecast Council, March 2023 forecast Additional Additional Information Informatio