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Marketplace Fairness Coalition Applauds Rep. Speier For Introducing Bipartisan Bill To Help California Small Businesses

April 28, 2017

 

WASHINGTON, D.C. – The Marketplace Fairness Coalition applauded U.S. Representative Speier (D-CA-14) for reintroducing the Remote Transaction Parity Act (RTPA), bipartisan legislation that will level the playing field for brick-and-mortar businesses in California and nationwide. Corresponding bicameral legislation was also reintroduced this week in the U.S. Senate.

"We applaud Representative Speier's leadership on this important legislation, which will increase jobs and grow businesses in California.

"Thanks to an outdated, pre-internet online sales tax loophole, Main Street businesses in California and across America are struggling to keep their doors open. Meanwhile, communities grappling with budget shortfalls are forced to live with crumbling infrastructure and cannot hire teachers and first responders thanks to the lost revenue resulting from this loophole.

"It's time for Congress to bring our tax system into the 21st Century and pass federal E-Fairness legislation immediately."

According to a study by National Council of State Legislatures (NCSL) and International Council of Shopping Centers (ICSC), states lose an estimated $26 billion annually to the online sales tax loophole. To learn more about the online sales tax issue in California, click here.

The RTPA bill was reintroduced by U.S. Representatives Kristi Noem (R-SD-AL), Steve Womack (R-AR-3), Jason Chaffetz (R-UT-3), Steve Stivers (R-OH-15), Lou Barletta (R-PA-11), Markwayne Mullin (R-OK-2), John Conyers (D-MI-13), Jackie Speier (D-CA-14), Peter Welch (D-VT-AL), Suzan DelBene (D-WA-1), and David Cicilline (D-RI-1).

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