No. 46. An act relating to education finance

This act:
• changes the term “nonresidential” to “nonhomestead” in statute;
• clarifies the applicability of the sales tax to third-party sales made over the Internet;
• provides an exemption from the sales tax for:
o prescription drugs intended for animal use,
o durable medical equipment and prosthetics intended for animal use, and
o veterinary supplies intended for animal use; and
• sets the statewide education property tax yields and nonresidential rate
for fiscal year 2020.

Relevant to virtual currency:
(56) “Marketplace facilitator” means a person who contracts with
marketplace sellers to facilitate for consideration, regardless of whether deducted as fees from the transaction, the sale of the marketplace sellers products through a physical or electronic marketplace operated by the person and engages:(A) directly or indirectly through one or more affiliated persons, in any of the following:
(iii) providing a virtual currency that purchasers are allowed or required to use to purchase products from marketplace sellers; or