Mr. WELCH. Mr. Speaker, retailing is an important part of the American economy. The Main Street retailers--brick-and-mortar retailers--play an essential function of providing access to stores in communities. They're the engine of downtown revitalization. E-commerce retailers are emerging as a very strong retailing force, providing convenience and low cost to consumers.
The challenge we face is having a level playing field between these two retailers. The way things stand right now, if a State assesses a sales tax, Main Street retailers have to collect it; e-retailers, more often than not, don't. That's not a level playing field for them to compete on a fair basis.
There are two bills in the House to resolve this: the Main Street Fairness Act and the Marketplace Equity Act. Both I am a cosponsor of, with bipartisan support.
Fair is fair. We're making progress on this. Just recently, the Governors from both parties attending the National Governors Association spoke in favor of the importance of updating Federal law so there will be this level playing field. And just this morning, in Chairman Smith's House Judiciary Committee, there was a hearing on the Marketplace Equity Act.
Let's bring this to the floor for a vote. Let's pass it. Let's return fairness.