From May 5, 2004 until September 1, 2009, sales of tangible personal property used directly for the construction of a new symphony hall is exempt from sales tax. The construction cost of the facility must be equal to or more than $200 million and the organization owning or operating the hall must be exempt from taxation under Section 501(c)(3) of the Internal Revenue Code. (Section 48-8-3(78)(A), May, 2004)