This bill amends Louisiana's sales and use tax laws to incorporate digital products and services into the existing tax framework. Key insertions include new definitions for "digital product," which encompasses various forms of digital media, and the expansion of the term "dealer" to include those who manufacture or sell digital products. The legislation establishes that the use, consumption, distribution, or storage of both tangible personal property and digital products will be treated as a sale at retail, with a sales tax of two percent imposed on retail sales of both categories. Additionally, it outlines specific exclusions from sales tax for certain transactions involving digital products, such as free offerings or those used in the production of new taxable services.

The bill also introduces exemptions for specific organizations and products, including newspapers published by religious organizations and digital products for nonprofit literacy organizations. It enhances the authority of tax collectors to assess and collect taxes on both tangible personal property and digital products, while establishing guidelines for record-keeping by dealers. Furthermore, it mandates that local taxing authorities levy sales and use taxes on digital products, ensuring compliance with the updated definitions and regulations. The provisions of this Act will take effect for taxable periods beginning on or after January 1, 2025, unless overridden by conflicting legislation from the 2024 Third Extraordinary Session of the Legislature.

Statutes affected:
HB8 Original: 47:301(3), 47:302(A), 47:303(A)(2), 47:1(A), 47:304(B), 47:305(E), 47:10(A), 47:14(A)(1), 47:53(A), 47:54(B), 47:5(A)(1), 47:307(A), 47:309(A)(1), 47:1(B)(1), 47:310(A), 47:315(A), 47:3(A), 47:5(A), 47:321(A), 47:331(A), 47:1(A)(3), 51:1286(B), 47:301(16)
HB8 Engrossed: 47:301(3), 47:302(A), 47:303(A)(2), 47:1(A), 47:304(B), 47:305(E), 47:10(A), 47:14(A)(1), 47:53(A), 47:54(B), 47:5(A)(1), 47:307(A), 47:309(A)(1), 47:1(B)(1), 47:310(A), 47:315(A), 47:3(A), 47:5(A), 47:321(A), 47:331(A), 47:1(A)(3), 51:1286(B), 47:301(16)
HB8 Reengrossed: 47:301(3), 47:302(A), 47:303(A)(2), 47:1(A), 47:304(B), 47:305(E), 47:10(A), 47:14(A)(1), 47:53(A), 47:54(B), 47:5(A)(1), 47:307(A), 47:309(A)(1), 47:1(B)(1), 47:310(A), 47:315(A), 47:3(A), 47:5(A), 47:321(A), 47:331(A), 47:1(A)(3), 51:1286(B), 47:301(16)
HB8 Enrolled: 51:1286(B), 47:301(16)
HB8 Act 10: 51:1286(B), 47:301(16)