- Title
- Artificial Intelligence Tools - Income Tax Credit and Sales and Use Tax
- Sponsored by
- Delegate Young
- Status
- In the House - Hearing 2/29 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Prohibiting the Secretary of Commerce from issuing a tax credit certificate for the purchase of certain cybersecurity technologies or services for a taxable year beginning after December 31, 2023; altering the definition of "digital product" under the State sales and use tax to include certain artificial intelligence tools; allowing a credit against the State income tax for costs paid or incurred by a qualified buyer for certain artificial intelligence tools; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2024
History
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Last Updated: 4/15/2024 3:00 PM