Earlier today, the Joint Finance Committee voted in favor of the Internet sales tax bill HB 5481. The vote had heavy support and passed with a vote of 35-13. (There were 8 not voting.)
The next step is a final recheck of the bill (which should be quick as it is a repeat of last years bill) and it will then be assigned a calendar number. Once it has a calendar number it will go to the floors for full vote. The Finance Committee is a Joint Committee meaning it has members from both houses. Support for the bill existed among both Senators and Representatives.
Affiliates should continue to prepare for bill passing to minimize the impact. Identify replacements for any vulnerable merchants. A few merchants have gone on record as likely to terminate but there are solutions. Begin research now so that you are prepared and have replacements should they be needed.
At the same time, be sure you have emailed all of your legislators. If you need assistance do not hesitate to contact me.
Merchants should also begin to examine the option of collecting sales tax. Research and identify solutions such as those offered by Avalara which provides sales tax automation software and services for businesses.
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