3/20/2015 | By Kirk Freeman
Last week, Sens. Mike Enzi (R-WY) and Dick Durbin (D-IL) introduced the Marketplace Fairness Act, S. 698, a bill designed to require online retailers to collect states' sales and use taxes from consumers.
The bill is nearly identical to a proposal that passed the Senate in 2013 by a vote of 69-27. Sens. Lamar Alexander (R-TN), Heidi Heitkamp (D-ND), Roy Blunt (R-MO), Jack Reed (D-RI), Bob Corker (R-TN), Sheldon Whitehouse (D-RI) and Angus King (I-ME) joined Enzi and Durbin in sponsoring the bill.
NAREIT and its members have supported legislative changes along the lines of S. 698 since 1999.
CLICK HERE for more information on S. 698.
(Contact: Kirk Freeman at email@example.com)