Establishes a tax on video streaming services to fund the Media Arts Technology and Education Fund.

The bill imposes a tax on video streaming services to generate revenue for the Media Arts Technology and Education Fund. This fund aims to ensure every resident in the state has access to modern communications networks. The tax is set at five percent of a video streaming service provider's gross receipts in the state. The commissioner of taxation and finance will establish procedures to determine gross receipts from subscribers or customers. The fund will distribute moneys to the state general fund, municipalities, community media organizations, and other qualified organizations.

Establishes a tax on video streaming services to fund the Media Arts Technology and Education Fund.

The bill imposes a tax on video streaming services to generate revenue for the Media Arts Technology and Education Fund. This fund aims to ensure every resident in the state has access to modern communications networks. The tax is set at five percent of a video streaming service provider's gross receipts in the state. The commissioner of taxation and finance will establish procedures to determine gross receipts from subscribers or customers. The fund will distribute moneys to the state general fund, municipalities, community media organizations, and other qualified organizations.