181.15  EXEMPTIONS.
   The provisions of this chapter shall not be construed as levying a tax upon the following:
   (a)   Military pay or allowance of members of the Armed Forces of the United States.
   (b)   Poor relief, pensions, social security, unemployment compensation (but not including supplemental unemployment compensation) and disability benefits received from private industry or local, state or federal governments, or from charitable, religious or educational organizations.
   (c)   Receipts from casual entertainment, amusements, sports events and health and welfare activities conducted by bona fide charitable, religious and educational associations.
   (d)   Any association, organization, corporation, club or trust, which is exempt from Federal taxes on income by reason of its charitable, religious, educational, literary, scientific, etc. purposes.
   (e)   Gains from involuntary conversions, gains or losses from the sale, exchange or other disposition of depreciable business property, and income from a descendant’s estate during the period of administration (except such income from the operation of a business).
      (Ord. 844.  Passed 1-27-03.)