California's $351.7B budget adds a 7.25% tax on digital software and SaaS starting January 2027, projected to raise $900M annually, while explicitly

California's $351.7B budget adds a 7.25% tax on digital software and SaaS starting January 2027, projected to raise $900M annually, while explicitly

California's new budget extends sales tax to prewritten software downloads, expected to raise $900M for the state. A ballot measure would save AI IPO windfalls.