MS HB379

Creates the Mississippi Marketplace Facilitator Act of 2020 to establish tax collection obligations for online marketplace platforms that facilitate sales of tangible personal property and services.

Expands the definition of "retailer" and "doing business" to include persons who facilitate sales of services or tangible personal property belonging to third parties, establishing marketplace facilitators as liable for collecting and remitting use tax.

Defines "marketplace facilitator," "marketplace seller," and "remote seller" for tax purposes, with marketplace facilitators required to collect tax based on delivery address; marketplace sellers with over $250,000 in annual sales must register and pay tax.

Permits marketplace facilitators to contract with marketplace sellers having over $1 billion in annual U.S. gross sales to collect and remit taxes themselves if registered and the department is notified; relieves marketplace facilitators of liability for tax failures caused by incorrect information from sellers.

Directs an additional $1 million per month in use tax revenue to the Local System Bridge Replacement and Rehabilitation Fund from August 15, 2020 through July 15, 2022, effective July 1, 2020.