(a) Sales of tangible personal property are exempt from the state gross retail tax, if:

1. (1) the seller is an organization that is described in section 21(b)(1) of this chapter;
2. (2) the organization makes the sale to make money to carry on a not-for-profit purpose; and
3. (3) the organization does not make those sales during more than thirty (30) days in a calendar year.

(b) Sales of tangible personal property are exempt from the state gross retail tax, if:

1. (1) the seller is an organization described in section 21(b)(1) of this chapter;
2. (2) the seller is not operated predominantly for social purposes;
3. (3) the property sold is designed and intended primarily either for the organization's educational, cultural, or religious purposes, or for improvement of the work skills or professional qualifications of the organization's members; and
4. (4) the property sold is not designed or intended primarily for use in carrying on a private or proprietary business.

(c) The exemption provided by this section does not apply to an accredited college or university's sales of books, stationery, haberdashery, supplies, or other property.

As added by Acts 1980, P.L.52, SEC.1. Amended by Acts 1981, P.L.77, SEC.6; P.L.192-2002(ss), SEC.57.