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SC H5122
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Brandon Newton
Click for details
AI Summary
- Exempts supplies, technical equipment, machinery, and electricity purchased by internet access service providers and communications service providers from state sales tax when used for producing, broadcasting, or distributing services
- Classifies internet access and communications service providers as manufacturers for purposes of the sales tax exemption under Section 12-36-2120
- Requires providers to apply to the Department of Revenue by January 31st for refunds of sales and use taxes paid in the prior calendar year
- Caps total annual refunds at $10 million, with pro-rata distribution if claims exceed that amount, and refunds paid by June 1st
- Takes effect upon Governor's approval and applies to tax years beginning after 2025
Legislative Description
Internet and Communications Service Providers Equipment
Last Action
Member(s) request name added as sponsor: Grant, Anderson, Schuessler, G.M.Smith
2/25/2026
Committee Referrals
Ways and Means2/5/2026
Full Bill Text
No bill text available