Gross proceeds

Summary

The bill changes the definition of gross proceeds of sales so amounts paid by the state or local governments for the Emergency Services IP Network (ESInet) are no longer taxed. It also exempts admissions fees charged by nonprofit local chambers of commerce from the admissions tax and expands the sales‑tax exemption on certain computer equipment to include related persons of the taxpayer. These adjustments aim to reduce tax burdens on public safety communications and nonprofit commerce activities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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