This bill proposes a sales and use tax exemption for products and services related to electronic prescribing. Specifically, it amends Arkansas Code 26-52-401 to include a new exemption for gross receipts or gross proceeds derived from services that facilitate the electronic transmission of drug prescriptions directly to pharmacies. This includes services provided by electronic prescription technology companies as well as those offered indirectly through pharmacy software companies or pharmacy management systems.

Additionally, the bill establishes an effective date for this exemption, stating that it will take effect on the first day of the calendar quarter following the act's approval. This legislative change aims to promote the use of electronic prescribing systems by reducing the financial burden associated with sales and use taxes on these services.

Statutes affected:
HB 1719: 26-52-401
Act 827: 26-52-401