Bill No.: HB0029                  Drafter:  JDA

LSO No.:  10LSO-0195              Effective Date:  7/1/2010

Enrolled Act No.:  HEA0037

Chapter No.:

Prime Sponsor:     Joint Revenue Interim Committee

Catch Title:       Taxation of specified digital products.

Subject:  Sales and Use Tax

Summary/Major Elements:

· Provides that the sales and use tax applies to specified digital products. "Specified digital products" means electronically transferred:

(A)  "Digital audio-visual works";

(B)  "Digital audio works"; or

(C)  "Digital books".

· Provides that the tax only applies if the purchaser has permanent use of the specified digital product.