(1) Except as provided in this section, the following are exempt from a tax under this chapter:

1. (a) an organization exempt under Section 501, Internal Revenue Code;
2. (b) an organization exempt under Section 528, Internal Revenue Code;
3. (c) an insurance company that is otherwise taxed on the insurance company's premiums under Chapter 9, Taxation of Admitted Insurers;
4. (d) a local building authority as defined in Section 17D-2-102;
5. (e) a farmers' cooperative; or

6. (f) a public agency, as defined in Section 11-13-103, with respect to or as a result of an ownership interest in:

   1. (i) a project, as defined in Section 11-13-103; or
   2. (ii) facilities providing additional project capacity, as defined in Section 11-13-103.

(2) Notwithstanding any other provision in this chapter or Chapter 8, Gross Receipts Tax on Certain Corporations Not Required to Pay Corporate Franchise or Income Tax Act, a person not otherwise subject to the tax imposed by this chapter or Chapter 8 is not subject to a tax imposed by Section 59-7-104, 59-7-201, 59-7-701, or 59-8-104, because of:

1. (a) that person's ownership of tangible personal property located at the premises of a printer's facility in this state with which the person has contracted for printing; or

2. (b) the activities of the person's employees or agents who are:

   1. (i) located solely at the premises of a printer's facility; and

   2. (ii) performing services:

      1. (A) related to:

         1. (I) quality control;
         2. (II) distribution; or
         3. (III) printing services; and
      2. (B) performed by the printer's facility in this state with which the person has contracted for printing.