S.Amdt. 749
What it does: Replaces “$1,000,000” with “$10,000,000”
Sen. Patrick J. Toomey (R-PA)What it changes
1 change to S. 743 · shown in the bill's text
Replaces “$1,000,000” with “$10,000,000”
In S. 743 · Placed on Calendar Senate
(H) Provide remote sellers and certified software providers with 90 days notice of a rate change by the State or any locality in the State and update the information described in subparagraph (D)(i) accordingly and relieve any remote seller or certified software provider from liability for collecting sales and use taxes at the immediately preceding effective rate during the 90-day notice period if the required notice is not provided.
(c) Small Seller Exception.--A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding
[struck: $1,000,000][inserted: $10,000,000]. For purposes of determining whether the threshold in this subsection is met--(1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or
Original wording
On page 6, line 22, strike “$1,000,000” and insert “$10,000,000”.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 749. Mr. TOOMEY submitted an amendment intended to be proposed by him to the bill S. 743, to restore States' sovereign rights to enforce State and local sales and use tax laws, and for other purposes; which was ordered to lie on the table; as follows:
On page 6, line 22, strike “$1,000,000” and insert “$10,000,000”.
Legislative Activity
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Senate amendment submitted
April 24, 2013