Provides for retention by the seller of certain state sales taxes due on transactions relating to entertainment

HB 1590 allows retailers operating entertainment venues (like movie theaters, music venues, or mixed-use arenas) to retain the full state sales tax collected on specific transactions during a two-year period (August 2025-June 2027). This applies only to sales of movie tickets, music venue admissions, and on-site concessions at the retailer’s own venue. Retailers must document retained taxes using department of revenue forms submitted with regular tax filings, and the law does not affect local sales taxes. The bill directly impacts venue operators by providing temporary cash flow relief on these specific revenue streams.