S.Amdt. 3087

SA 3087. Mr. HOLLINGS submitted an amendment intended to be proposed by him to the bill S. 150, to make permanent the moratorium on taxes on Internet access and multiple and discriminatory taxes on electronic commerce imposed by the Internet Tax Freedom Act; which was ordered to lie on the table; as follows:

Strike the last word and insert the following:

SEC. __. CONSUMER PASSTHROUGH.

The Internet Tax Freedom Act (47 U.S.C. 151 note) is amended by adding at the end the following:

“SEC. 1109. CONSUMER PASSTHROUGH OF TAX SAVINGS.

“If the taxes, fees, or other charges imposed by a State or local government remitted by a provider of Internet access service for any taxable period covered by this Act are lower than such taxes, fees, or other charges would be if this Act were not law, then the provider shall reduce the amount it charges retail users of its Internet access service during the next taxable period by an aliquot amount.”.