Audio or video programming by broadcasters

From the 2024 DOR Tax Exemption Study

82.08.0208(5); 82.12.0208(8) - Audio or video programming by broadcasters Description Sales of audio or video programming by a radio or television broadcaster are exempt from sales and use tax. The exemption does not apply to programming sold on a pay-per-program basis or that allows the buyer to access a library of programs at any time for a specific charge for that service. Purpose To provide tax relief to radio and television broadcasters. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $72.510 $68.170 $64.090 $60.260 Local Taxes $40.590 $38.160 $35.880 $33.740 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $62.490 $64.090 $60.260 Local Taxes $0.000 $34.980 $35.880 $33.740 Assumptions - This repeal takes effect July 1, 2024, and impacts 11 months of collections in fiscal year 2025. - Growth rate mirrors the growth rate of broadband cable subscriptions. Broadband cable subscriptions are declining by an average of 6.0% per year. - Local revenue estimates use the statewide average local sales and use tax rate of 2.92%. Dat