The Legislature has passed and the Governor has signed Act No. 2000-716 which clarifies the tax exempt status of public park authorities by adding the following sentence in Section 11-47-228:  "All tangible personal property sold by an authority is expressly exempt from all state and local sales and use taxes imposed pursuant to law."

This clarification is consistent with an opinion issued on March 23, 2000, by the Legal Division that the clear intent of the Legislature in Act No. 96-320 was to exempt "all revenues" of an authority from sales and use tax. Accordingly, the position of the Sales, Use & Business Tax Division is that Section 11-47-228 exempts a public park authority's gross proceeds from sales of tangible personal property and gross receipts from amusements from state, county, and municipal sales and use taxes before, on, and after the effective date of Act No. 2000-716.

Act No. 2000-716 became effective May 23, 2000.