If enacted, this bill would amend current statutes regarding the transaction privilege tax (TPT) by clarifying how and where orders are considered received for tax purposes. Specifically, it would specify that the location of servers used to transmit order information does not determine where an order is received, which contrasts with the existing law that ties order receipt to the seller's business location. The bill would also introduce a definition for "business location," describing it as a physical space where business activities occur.

Additionally, the bill would make several technical changes, including the renumbering of definitions related to car sharing and vehicle transactions. It would delete outdated definitions and replace them with updated language, ensuring clarity and consistency in the statute. The new provisions would apply to taxable periods starting on or after the first day of the month following the general effective date of the act.

Statutes affected:
Introduced Version: 42-5040
House Engrossed Version: 42-5040