H.R.2701 - Main Street Fairness Act
To promote simplification and fairness in the administration and collection of sales and use taxes. view all titles (2)
All Bill Titles
- Official: To promote simplification and fairness in the administration and collection of sales and use taxes. as introduced.
- Short: Main Street Fairness Act as introduced.
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Official Summary7/29/2011--Introduced.Main Street Fairness Act - Grants the consent of Congress to the Streamlined Sales and Use Tax Agreement (Agreement), the multistate agreement on sales and use tax collection and administration adopted on November 12, 2002. Authorizes each state that is a party to the
Official Summary7/29/2011--Introduced.Main Street Fairness Act - Grants the consent of Congress to the Streamlined Sales and Use Tax Agreement (Agreement), the multistate agreement on sales and use tax collection and administration adopted on November 12, 2002. Authorizes each state that is a party to the Agreement (member state), after 10 states (comprising at least 20% of the total population of all states imposing a sales tax) have petitioned for and have become member states, to require all remote sellers not qualifying for the small seller exception to collect and remit sales and use taxes on remote sales owed to each such member state under the terms of the Agreement. Terminates such authority if the requirements of this Act cease to be satisfied or an amendment adopted to the Agreement after the enactment of this Act is inconsistent with the provisions of this Act. Allows any person affected by the Agreement to petition the Governing Board established by the Agreement for a determination of any issue arising under the Agreement. Provides for judicial review of Governing Board determinations by the United States Court of Federal Claims and grants such Court exclusive jurisdiction over actions for judicial review. Sets forth minimum requirements for simplifying the administration of multistate sales and use taxation under the Agreement. Provides for judicial review of any civil action challenging the constitutionality of this Act by a panel of three judges of a U.S. District Court. Expresses the sense of Congress that each member state under the Agreement should work with other member states to prevent double taxation where a foreign country has imposed a transaction tax on a digital good or service.
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Organizations Supporting H.R.2701
- American Veterinary Medical Association
- Retail Industry Leadership Association
- Sears Holdings Corporation
- International Council of Shopping Centers
- National Association of Real Estate Investment Trusts
- ...and 7 more. See all.
Organizations Opposing H.R.2701
- Software & Information Industry Association
- Software Finance & Tax Executives Council
- eBay Inc.
- ...and 10 more. See all.
Latest Letters to Congress
H.R.2701 Main Street Fairness Act
August 03, 2011
I am writing as your constituent in the 4th Congressional district of Indiana. I support H.R.2701 - Main Street Fairness Act. As a small business retailer in Greenwood, I'm trying to keep my doors open in this difficult economy. Presently, my main competition is from on-line retailers who take advantage of a 7% (sales tax) structural loophole provided to internet users who do not declare their purchases on their state tax returns.
I'm more than willing to compete on value and service, but...
H.R.2701 Main Street Fairness Act
August 02, 2011
I am writing as your constituent in the 8th Congressional district of Washington. I support H.R.2701 - Main Street Fairness Act, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
This is not a new tax, but an existing tax that cannot currently be captured. However, technology is available to make this easy -- calculating sales tax is no more difficult than calculating shipping costs. I am a co-founder of TaxCloud (h...