WASHINGTON, D.C. — U.S. Senator Dick Durbin (D-IL) celebrated the Senate’s overwhelming approval of a bill he co-authored to level the playing for Main Street businesses.
That bill, The Marketplace Fairness Act of 2013, allows local brick-and-mortar re- tailers, he contend, to compete more effectively against out-of-state Internet sellers.
The bill must now be considered by the House of Representatives, where a bipartisan group of 66 representatives have already signed on as co-sponsors of the legislation.
“I am proud to have joined sixty-nine of my Senate col-leagues from both sides of the aisle in passing this long-overdue legislation that will give much-needed support to local businesses around the country,” said Durbin.
“I thank Senators Enzi, Alexander, Cardin, Heit-kamp, Reed and many others for their efforts in securing such strong support for this legislation.
“I’ve often listened to speeches in the House and Senate about how we need to do more to make certain that small businesses – the true job creators – can succeed. A solid majority of the Senate stood up for small business today. I think the support in the House will be similar if the leadership practices what they preach and calls this bill for a vote.”
The Marketplace Fairness Act of 2013 – introduced by Durbin and Senators Mike Enzi (R-WY), Lamar Alexander (R-TN) and Heidi Heitkamp (D-ND) – would give states the option to require the collection of sales and use taxes already owed under state law by out-of-state businesses, rather than rely on consumers to remit those taxes to the States, the method of tax collection to which they are now restricted.
Under the current tax loophole, while brick-and-mortar retailers collect sales and use taxes from customers who make purchases in their stores, many online and catalog retailers do not collect the same taxes.
The Marketplace Fairness Act of 2013 would give states the option to require the collection of sales and use taxes already owed under State law by out-of-state businesses, rather than rely on consumers to remit those taxes to the States—the method of tax collection to which they are now restricted.