Nonprofit merchandise sales

From the 2024 DOR Tax Exemption Study

84.36.030(1)(b) - Nonprofit merchandise sales Description Selling donated merchandise on exempt property does not nullify the property tax exemption for character-building, benevolent, protective, or rehabilitative social services owned by nonreligious, nonprofit organizations if they use the proceeds to continue the mission of their organization. Purpose Supporting the social benefits these organizations provide. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.378 $0.387 $0.396 $0.406 Local Taxes $1.117 $1.180 $1.246 $1.316 Repeal of Repealing a property tax exemption would not increase state revenues. A repeal exemption shifts the state property tax to the currently exempt taxpayers and reduces the tax burden of other taxpayers. It may decrease the local rate and possibly result in local taxing districts at their statutory maximum rate experiencing a revenue increase. Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.035 $0.068 $0.071 Assumptions - The total estimated exempt value is $174 million. - This repeal takes effect beginning with property