taxation; omnibus; 2025-2026

Expanded the definition of 'cash equivalents' to include electronic codes, personal identification numbers, digital payment mechanisms, and other prepaid intangible rights to acquire goods or services in the future.

Added new exemption for sales of renewable energy credits and other units tracking energy from renewable resources.

Added new exemption for solar energy devices sold by retailers, requiring registration with the department.

Added new exemption for wireless telecommunications equipment sold as an inducement to enter into or continue taxable telecommunications service contracts.

Added new exemption for machinery and equipment used to construct qualified environmental technology manufacturing, producing or processing facilities.

Added new exemption for alternative fuel vehicles converted from diesel to operate on alternative fuel.

Added new exemption for orthodontic devices dispensed by licensed dental professionals.

Modified the exemption for cash equivalents to exclude prepaid calling cards for telecommunications services from the exemption.

Added new exemption for tangible personal property incorporated into projects on Indian reservations owned by Indian tribes or affiliated Indians.

Added new exemption for sales of tangible personal property by marketplace sellers where the facilitator has remitted applicable tax to the department.