The amendment expands the sales tax exemption for purchases of construction materials made by religious or charitable institutions to include purchases made on behalf of the institution.
Title passes under the terms expressed in the contract of sale.
If nothing is stated in the contract, title passes upon completion of the seller s responsibilities with regard to delivery. All other purchases are subject to the rule language in effect through December 31, 1995. Verification Required Purchases of construction materials at any time by religious or charitable institutions are verified by completion of an exemption certificate, form TC-721, at the time of purchase. The certificate must include the religious or charitable institution s sales tax exemption number and be signed by an individual authorized to sign a purchase order for the religious or charitable institution. Contractors must indicate on the TC-721 both the name of the religious or charitable institution as well as the particular project for which they are purchasing the construction materials.