Senior living community meals

From the 2024 DOR Tax Exemption Study

82.12.9993 - Senior living community meals Description Food, drink, or meals furnished by a senior living community to tenants as part of a rental or residency agreement for which the community makes no separate charge, regardless of whether the tenant is a resident of an assisted living facility, or a continuing care retirement community are exempt from use tax. Purpose To reduce the cost of meals for tenants at senior living communities. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes Minimal Minimal Minimal Minimal Local Taxes Minimal Minimal Minimal Minimal 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 Minimal Minimal Minimal Assumptions The impact of this exemption is minimal due to senior living facilities including meals as part of a rental or residency agreement. Data Sources Department of Revenue, Excise tax data Additional Additional Information Information Category: Individuals Year Enacted: 2023 Primary Beneficiaries: Tenants living in a senior living community Taxpay