U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, issued the following statement today as the Senate considers a motion to proceed to S. 743, the Marketplace Fairness Act, legislation that would allow states to collect online sales taxes:
"Despite the good intentions of those backing this bill, it just isn't ready yet. Bringing legislation of such far-reaching consequences to the floor of the Senate when the Finance Committee hasn't even held a hearing or a markup on it isn't the way we should be doing business around here. I've heard concerns from Senators on both sides of this issue that we need more time and this bill needs greater scrutiny before moving ahead. One thing is certain, however, this legislation must be subject to a thorough open debate and amendment process."