Relating to: a tax credit for certain sales and use taxes paid on services sold through an amusement device. (FE)

Summary

The bill lets individuals and businesses claim a credit against their state income or franchise tax for the county and municipal sales/use taxes they paid on services purchased via an amusement device (e.g., arcade games). Partnerships, LLCs, and tax‑option corporations cannot claim the credit directly; they must allocate the amount to their owners. Unused credits can be carried forward for up to 20 years.

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

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