Bill > H2628

This bill proposes to lower the state's sales tax rate from 6.25% to 5.75% and also addresses the taxation of remote sales, which are purchases made from businesses located outside the state. Specifically, the bill grants the commissioner of revenue the authority to administer and collect taxes from "remote sellers" – businesses that sell goods to customers in the state without a physical presence there – and to implement necessary administrative actions to comply with any federal laws that simplify the collection of sales and use taxes for these businesses. This includes providing software and services to help remote sellers determine the correct tax rate, establishing certification processes for providers of these services, ensuring only one audit is required for all state and local tax jurisdictions, and limiting the filing of sales and use tax returns to once per month. The bill also states that the sales tax reduction will only take effect 90 days after a federal law is enacted that allows states to require remote sellers to collect sales and use taxes.