BEATRICE – Nebraska Lawmakers have advanced the so-called Remote Seller and Marketplace Facilitator Act to second round, on a 44-0 vote.
It requires out-of-state internet sales companies with at least $100,000 of sales in Nebraska, or 200 separate transactions, to collect and remit sales tax to the State of Nebraska. The bill is modeled after a South Dakota law that survived a U.S. Supreme Court challenge.
Senator John McCollister’s priority bill includes Revenue Committee amendments, that were also adopted.
:13 “under the law”
For sellers without a physical presence in the state whose sales are just below the thresholds, McCollister said collection would begin once those thresholds are reached, not on any sales before that in a given year.
Southeast Nebraska Senators Myron Dorn, Tom Brandt and Julie Slama all supported the bill. Dorn, a member of the Appropriations Committee, says the figures being used by the committee estimate the bill would produce new tax revenue totaling $26 million is fiscal year 2019-20….and $30 million in fiscal year 2020-2021.
Dorn asked McCollister how the marketplace facilitator portion of the bill, plays out.
:46 “pay the tax”
Although he supports the bill, Senator John Lowe said Nebraskans still need to back their local businesses, in a time when purchasing goods online is the trend.
:38 “not supporting us”
McCollister is seeking the emergency clause for the bill, which if signed by the governor, would make the law go into effect this April 1st.