1. (1) All sales of equipment, as defined in section 24-21-602 (16), to a bingo-raffle licensee, as defined in section 24-21-602 (3), are exempt from taxation under part 1 of this article 26.
2. (2) The storage, use, or consumption of equipment, as defined in section 24-21-602 (16), by a bingo-raffle licensee, as defined in section 24-21-602 (3), is exempt from taxation under part 2 of this article 26.

Source: L. 2004: Entire part added with relocations, p. 1036, § 2, effective July 1. L. 2021: Entire section amended, (HB 21-1155), ch. 109, p. 433, § 1, effective May 7.

Editor's note: Subsection (1) is similar to former § 39-26-114 (24), and subsection (2) is similar to former § 39-26-203 (1)(nn), as they existed prior to 2004.