Newspaper clippings · October 1979
Historical report on book-sale sales-tax legislation
Copley News Service article reports signing of AB 547 affecting Friends sales; background for historical operations, not current legal guidance.
Text
Transcribed from the scans and checked against them by Claude. Typed text comes first; handwritten notes follow it. [illegible] marks words that cannot be read and [?] an uncertain reading.
Bill aids library fund-raiser
By Copley News Service
SACRAMENTO — The volunteer organization, Friends of the Libraries, "will be exempt from collecting state sales taxes on the sale of surplus books, magazines and other periodicals where the proceeds go to the libraries under legislation authored by Assemblyman Gerald Felando, R-52nd District. His measure, AB 547, has now been signed by the governor.
The San Pedro legislator said passage of the measure will ease the burden on volunteer organizations who offer financial aid to libraries by selling books and other periodicals, and then contributing those funds to the libraries.
These donated surplus books bring in very small amounts of money, he said, with most of them selling for less than $1.
"In the spirit of Prop. 13, which resulted in a loss of more than 20 percent of the funding for libraries, the efforts of these volunteer organizations to try to make up that loss through book sales is to be commended. It seems only logical that we should join in this local effort by providing an exemption to sales tax collections and reporting by such volunteer groups.
"Normally, they know nothing about collecting sales taxes and even less about filling out the lengthy state sales tax forms," Felando said.
Handwritten notes
• (beside headline) 1979 Oct
Show the original machine reading
Source scan page 26
Bill aids library fund-raiser 19 Oct. By Copley News Service These donated surplus SACRAMENTO - The books bring in very small volunteer organization, amounts of money, he said, Friends of the Libraries, with most of them selling "will be exempt from col- for less than $1. lecting state sales taxes on "In the spirit of Prop. 13, the sale of surplus books, which resulted in a loss of magazines and other more than 20 percent of the periodicals where the pro- funding for libraries, the ef- ceeds go to the libraries forts of these volunteer or- under legislation authored ganizations to try to make by Assemblyman Gerald up that loss through book Felando, R-52nd District. sales is to be commended. His measure, AB 547, has It seems only logical that now been signed by the gov- we should join in this local ernor. effort by providing an ex- The San Pedro legislator emption to sales tax collec- said passage of the mea- tions and reporting by such. sure will ease the burden on volunteer groups. volunteer organizations "Normally, they know no- who offer financial aid to thing about collecting sales libraries by selling books taxes and even less about and other periodicals, and filling out the lengthy state then contributing those sales tax forms," Felando funds to the libraries .-- said.