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Committee approves amendment and recommends targeted‑advertising tax to the House after debate over legal risk and small‑business impact
Summary
Senate sponsor says a 4.7% gross‑receipts targeted‑advertising tax will curb companies' harmful targeting of minors and fund child‑and‑youth programs; opponents warned of First Amendment, Internet Tax Freedom Act and small‑business impacts. The committee adopted Amendment 2 and recommended SB 287 to the full House by roll call (8–2).
Senator Mikell presented SB 287 to the House Economic Development and Workforce Services Committee as a 4.7% gross‑receipts tax aimed at companies that derive a large share of revenue from targeted advertising. The sponsor framed the proposal as a tool to change industry behavior and to fund a restricted account for child literacy, youth sports and recreation, volunteerism, mental‑health programs, and foster/adoption services.
“Targeted advertising is intentionally designed to addict our minors, exploit their vulnerabilities for profit at the expense of our kids,” Senator Mikell said,…
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