HZ 2479 Summary

• Imposes transaction privilege tax and use tax on sales of prewritten computer software (regardless of delivery method) and specified digital goods transferred electronically to purchasers.

• Excludes from state and local taxation specified digital services (cloud computing, streaming, hosting, data storage, etc.) and specified digital goods that are remotely accessed but not transferred electronically.

• Adds new definitions for "computer," "computer software," "prewritten computer software," "specified digital goods," "specified digital services," "remotely accessed," and "transferred electronically" to section 42-5001.

• Creates new section 42-5155.01 establishing an excise tax on use or consumption of prewritten computer software and specified digital goods transferred electronically at the retail tax rate, plus an additional six-tenths of one percent through June 30, 2021.

• Authorizes municipalities that impose retail transaction privilege tax to tax prewritten computer software and specified digital goods transferred electronically, but prohibits taxation of specified digital services and remotely accessed digital goods.