Grants a sales and compensating use tax exemption for goods under $2 sold for fundraising organized by school-based volunteer organizations.

This bill allows school-based volunteer organizations to sell items priced under $2 without charging sales tax. The goal is to support fundraising efforts for schools by making it cheaper for people to buy these low-cost items. This exemption is intended to help schools raise more money for various programs and activities.

Supporters of the bill argue that it will significantly boost fundraising efforts for schools, allowing them to provide better resources and opportunities for students. By eliminating sales tax on inexpensive items, it encourages community participation and support for educational initiatives. This measure is seen as a way to empower volunteer organizations and enhance school funding.

Critics may argue that the bill could lead to a loss of tax revenue for the state, which could impact funding for essential services. They might also contend that it sets a precedent for tax exemptions that could complicate the tax system further. Additionally, there are concerns about whether the benefits of this exemption will outweigh potential administrative challenges for tax collection.