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Senate Bill 755 |
Senate Author: Taylor, Van et al. |
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Effective: 6-10-15 |
House Sponsor: Button |
Senate Bill 755 amends the Tax Code to classify as a tax-exempt sale for resale the sale of a computer program to a provider of Internet hosting who acquires the computer program from an unrelated vendor for the purpose of selling the right to use the computer program to an unrelated user of the provider's Internet hosting services in the normal course of business and in the form or condition in which the provider acquired the computer program, contingent on the provider satisfying certain conditions.