HM 1293 Summary

• Urges Congress to enact legislation allowing states to enforce existing sales and use tax laws on out-of-state sellers, treating all similar sales transactions equally regardless of transaction method.

• Requests authorization for states that comply with the Streamlined Sales and Use Tax Agreement to require out-of-state sellers to collect and remit sales and use taxes.

• Cites significant state revenue losses estimated at $56.3 billion nationally from 2007-2012 and $3.9 billion for Florida during the same period due to inability to tax remote sales.

• Addresses tax inequity where local brick-and-mortar retailers must collect sales tax while online and mail-order sellers with no physical presence in the state do not, creating competitive disadvantage.

• Directs distribution of this memorial to the President, Vice President, Speaker of the House, and all members of the Florida congressional delegation.