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IN SB0257
Bill
AI Summary
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Defines a retail merchant transaction to include selling, renting, leasing, or licensing prewritten computer software delivered electronically for consideration.
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Excludes remote access transactions from sales tax by specifying that purchasing, renting, leasing, or licensing remote access to prewritten computer software over the Internet, private/public networks, or wireless media is not considered electronic delivery and does not constitute a retail transaction.
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Effective July 1, 2018 for transactions occurring after June 30, 2018.
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Provision expires July 1, 2024.
Legislative Description
Sales tax on software. Provides that for purposes of the sales tax, a person is a retail merchant making a retail transaction when the person sells, rents, leases, licenses for consideration the right to use prewritten computer software delivered electronically. Specifies, however, that a transaction in which a user purchases, rents, leases, or licenses the right to remotely access prewritten computer software: (1) is not considered to be a transaction in which prewritten computer software is delivered electronically; and (2) does not constitute a retail transaction (and is therefore not subject to sales tax).
Last Action
Public Law 200
3/23/2018