If enacted, the bill would repeal the targeted advertising services tax law and restrict related taxes imposed by home-rule counties and municipalities.
The bill would remove the state law that governs taxes on targeted advertising services.
Home-rule counties and municipalities could not impose certain taxes on targeted advertising services, including taxes based on receipts or sale prices.
The bill would repeal the Targeted Advertising Services Tax Act. The repeal concerns the state law governing taxes on targeted advertising services. The repeal would take effect when the Act becomes law.
Home-rule counties and municipalities would be barred from imposing certain taxes on targeted advertising services. The rule covers home-rule counties and home-rule municipalities, including occupation, use, sales, and similar taxes based on gross receipts or the sale or purchase price. The targeted advertising services must be the services defined in the Targeted Advertising Services Tax Act. The restriction concerns taxes imposed under a local government's home-rule authority. The restriction would apply on and after the effective date of the amendatory Act.
No hearings or votes scheduled.