Four days into the 2020 General Assembly session the lawmakers agreed to a new internet and app sales tax measure that could provide a major boost to the state’s shaky bottom line.
House and Senate leaders agreed Thursday morning to legislation aimed at forcing “marketplace facilitators” whose websites or apps are used to sell goods or services provided by someone else to collect and remit sales taxes. It would go into effect April 1.
Different versions of the bill passed the chambers last session, but the two sides couldn’t strike a deal.
A report in June by a group called the Faith, Justice and Truth Project said the state is losing nearly $750 million a year in sales taxes not collected from such online “marketplace facilitators” of sales.