S.09352

Establishes a tax on video streaming services to fund access to modern communications networks.

The bill introduces a tax on video streaming services to generate revenue for the Media Arts Technology and Education Fund. This fund aims to ensure every New York resident has access to modern communications networks. The tax is set at five percent of gross receipts from video streaming services. Revenue from the tax will be distributed to the state, municipalities, community media organizations, and other qualified organizations. The bill also establishes the Media Arts Technology and Education Fund to support digital equity, local arts, and infrastructure for communications connectivity.